Liquidated
Defined in 3 dictionaries — Ballentine's (1916), Black's (1910), Stimson (1881)
Ballentine's Law Dictionary
James A. Ballentine · 1916
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
Ascertained; determined ; fixed; settled; made clear or manifest. Cleared away; paid; discharged.
— Liquidated account. An account whereof the amount is certain and fixed, either by the act and agreement of the parties or by operation of law; a sum which cannot be changed by the proof; it is so much or nothing; but the termdoes not necessarily refer to a writing. Nisbet v. Lawson, 1 Ga. 287.
— Liquidated damages. See Damages.
— Liquidated debt. A debt is liquidated when it is certain what is due and how much is due. Roberts v. Prior, 20 Ga. 562.
— Liquidated demand. A demand la a liquidated one if the amount of it has been ascertained—settled—by the agreement of the parties to it, or otherwise. Mitchell v. Addison. 20 Ga. 53.
Glossary of Technical Terms, Phrases, and Maxims of the Common Law
Frederic Jesup Stimson · 1881
Cleared away; settled; y. Damages. Liquidation: the winding up of an insolvent firm or company.