liquidated amount - Legal Definition
n
To set by agreement a specific
amount or a formula for calculating such an amount, in compensation for the
losses resulting from a breach.
Webster's New World Law Dictionary Copyright © 2010 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"liquidated amount." YourDictionary, n.d. Web. 22 June 2018. <http://www.yourdictionary.com/liquidated-amount>.
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liquidated amount. (n.d.). Retrieved June 22nd, 2018, from http://www.yourdictionary.com/liquidated-amount
