Liquidated Claim

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liquidated claim
claim for payment of a specified amount of money


The Lectric Law Library DictionaryDownload this dictionary
Liquidated Claim
A "liquidated" claim is a right or a demand (even if disputed) to payment in a sum certain. An example of a liquidated claim is a promissory note for $10,000.00. One can examine the claim and determine its value by simple calculation.

Courtesy of the 'Lectric Law Library.

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