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Liquidation - Law Dictionary Search Results

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Liquidated damages

Liquidated damages, the amount agreed upon by a party to a contract to be paid as compensation for the

liquidated damages

liquidated damages see damage

liquidated claim

liquidated claim A creditor's claim for a fixed amount of money. Source: Administrative Office of the U.S. Courts

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liquid asset

liquid asset a cash asset or an asset that is easily converted into cash. Source: U.S. Department of Housing

Liquid air

A transparent limpid liquid slightly blue in color consisting of a mixture of liquefied oxygen and nitrogen It is prepared by subjecting

Emulsion

Any liquid preparation of a color and consistency resembling milk as a In pharmacy an extract of seeds or a

Oleomargarine

A liquid oil made from animal fats esp beef fat by separating the greater portion of the solid fat or

leaking

having liquid seeping in or out through openings leaky

Liquor

Any liquid substance as water milk blood sap juice or the like

liquidise

Same as liquidize

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