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FINDLAW LEGAL DICTIONARY

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Liquidated

liquidated adj

1 : settled or determined by liquidating see also liquidated damages at damage
2 : capable of being readily fixed, calculated, or ascertained as a sum esp. without dispute or reliance on opinion or discretion



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.