Liquidness - Law Dictionary Search Results
Home Dictionary Name: liquidness Page: 2To liquidate
To liquidate, means to ascertain and/or apportion, Dena Bank v. K. Motiram Vakil, AIR 1989 Bom 264: 1988 (2) Cur CC 1153: (1989) 1 Bank CLR 499: (1988) 3 Bom Cr 210: (1988) 90 Bom LR 275: 1988 Mah LR 1691...
Liquidator
One who or that which liquidates...
Liquidated damages
Liquidated damages, the amount agreed upon by a party to a contract to be paid as compensation for the breach of it, and intended to be recovered, whether the actual damages sustained by the breach be more or less, in contradistinction to a penalty; which is only the maximum amount agreed to be paid, and is intended to be reducible in proportion to the actual damage sustained. See Kemble v. Farren, (1829) 6 Bing 141; Lord Elphinstone v. Monkland Iron Co., (1886) 11 App Cas 332; Diestel v. Stevenson, (1906) 2 KB 345. See DAMAGES; PENALTY....
Liquidly
In a liquid manner flowingly...
Liquidize
To render liquid...
Liquidity
The state or quality of being liquid...
liquid
liquid 1 a : consisting of cash or capable of ready conversion into cash [ assets] b : capable of covering current liabilities out of current assets esp. in a rapid manner [a insurer] 2 : of or relating to a security or commodity with enough shares or units outstanding to hinder significant price variation from large transactions ...
Liquid air
A transparent limpid liquid slightly blue in color consisting of a mixture of liquefied oxygen and nitrogen It is prepared by subjecting air to great pressure and then cooling it by its own expansion to a temperature below the boiling point of its constituents N 194deg C O 183deg C...
liquidation
liquidation ...
liquidated damages
liquidated damages see damage ...
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