Paid. Wound up, as in reference to the affairs of a business. Determined as to amount, as in reference to a debt.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • liquidated — A debt that is for a known number of dollars is liquidated. An unliquidated debt is one where the debtor has liability, but the exact monetary measure of that liability is unknown. Tort claims are usually unliquidated until a trial fixes the… …   Glossary of Bankruptcy

  • liquidated — liq·ui·dat·ed adj 1: settled or determined by liquidating see also liquidated damages at damage 2 2: capable of being readily fixed, calculated, or ascertained as a sum esp. without dispute or reliance on opinion or discretion …   Law dictionary

  • liquidated — Ascertained; determined; fixed; settled; made clear or manifest. Cleared away; paid; discharged. Adjusted, certain, or settled. Murchison v. Levy Plumbing Co., Tex.Civ.App., 73 S.W.2d 967, 968. Declared by the parties as to amount, U. S. v.… …   Black's law dictionary

  • Liquidated — Liquidate Liq ui*date (l[i^]k w[i^]*d[=a]t), v. t. [imp. & p. p. {Liquidated} ( d[=a] t[e^]d); p. pr. & vb. n. {Liquidating}.] [LL. liquidatus, p. p. of liquidare to liquidate, fr. L. liquidus liquid, clear. See {Liquid}.] 1. (Law) To determine… …   The Collaborative International Dictionary of English

  • liquidated — adj. bankrupt; closed (of a business); paid off; converted into cash; destroyed; changed into a liquid liq·ui·date || lɪkwɪdeɪt v. pay off a debt; determine and discharge the financial obligations of a business in preparation for closure; be …   English contemporary dictionary

  • liquidated — un·liquidated; …   English syllables

  • liquidated — adjective Set; ascertained; made certain by operation of law …   Wiktionary

  • liquidated — Synonyms and related words: acquitted, banned, barred, debarred, deported, discharged, ejected, excluded, exiled, expelled, expended, hired, left out, not in it, not included, paid, paid in full, postpaid, precluded, prepaid, prohibited, purged,… …   Moby Thesaurus

  • liquidated damages — see damage 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. liquidated damages …   Law dictionary

  • Liquidated damages — (also referred to as liquidated and ascertained damages) are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach (e.g., late performance).When… …   Wikipedia

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