What Is Liquidated Debt?

Answer Liquidated debt is debt that has an exact value. Unliquidated debt is debt where the exact monetary value is unknown. Liquidity in finance relates to the ability for something of value to be expres... Read More »

Top Q&A For: What Is Liquidated Debt

What Is the Meaning of Liquidated Damages?

In contract law, the parties to a contract may agree upon an amount of "liquidated damages" one party must pay the other if it fails to uphold a certain obligation under the contract. Liquidated d... Read More »

How to Figure Out If My Home Will Be Liquidated in a Bankruptcy?

Bankruptcy is one of the most severe steps you can take to repair your credit and eliminate. There are generally two types of consumer bankruptcy available: Chapter 13 and Chapter 7. With a Chapter... Read More »

What is the meaning of liquidated damage as an insurance term?

Liquidated damages refers to an amount of money designated and agreed to in advance for damages, before any loss takes place, so that the actual damages need not be calculated.

Can I Retain a Deposit as Liquidated Damages for a Buyer Who Breached His Contract?

If a buyer breaches a purchase contract with you, whether or not you may retain the buyer's deposit as compensation depends on the terms of the agreement, the nature of the breach, the amount of th... Read More »

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