liquidated demand

A demand ascertained in reference to the amount. A demand which is undisputed as to amount. See liquidated debt.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • 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

  • demand — I v. To claim as one s due; to require; to ask relief. To summon; to call in court II n. The assertion of a legal right; a legal obligation asserted in the courts. An imperative request preferred by one person to another, under a claim of right,… …   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 damages — 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

  • unliquidated demand — unliquidated claim or demand A claim which has not been finally determined either as to liability or amount of damages. A disputed claim. Under the law of accord and satisfaction, a claim or debt will be regarded as unliquidated if it is in… …   Black's law dictionary

  • unliquidated claim or demand — A claim which has not been finally determined either as to liability or amount of damages. A disputed claim. Under the law of accord and satisfaction, a claim or debt will be regarded as unliquidated if it is in dispute as to the proper amount.… …   Black's law dictionary

  • liquidate — liq·ui·date / li kwə ˌdāt/ vb dat·ed, dat·ing vt 1: to determine by agreement or litigation the precise amount of; also: to settle (a debt) by payment or other adjustment 2 a: to determine the liabilities and apportion the assets of esp. in… …   Law dictionary

  • creditor — An obligee, a person, natural or artificial, public or private, in whose favor an obligation exists by reason of which he is or may become entitled to the payment of money, at least if the obligation is one on a liquidated demand based upon an… …   Ballentine's law dictionary

  • adjust — To settle or to bring to a satisfactory state, so that the parties are agreed in the result; as, to adjust accounts. State ex rel. Sayre v Moore, 40 Neb 854, 59 NW 755. When applied to a liquidated demand, the verb adjust has the same meaning as… …   Ballentine's law dictionary

  • settle — To take up residence in a place. To arrange or put in order. To pay a bill or account. To adjust differences; to eliminate controversy. To make a determination. To establish title or estate in a person. When used with relation to pending… …   Ballentine's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.