Unliquidated Demand
Defined in 1 dictionary — Cyclopedic (1922)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
When any part of a demand is, in good faith, disputed, it is unliquidated. A demand is not liquidated, even if it appears that something is due, unless it appears how much is due, and when it is admitted that one of two specific sums is due, but there is a genuine dispute as to which is the proper amount, the demand is regarded as unliquidated, within the meaning of that term as applied to the subject of accord and satisfaction. 97 111. App. 455; 188 111. 183; 161 111. 345; 138 N. y. 231.