Liquidated Amount in Canada
Definition of Liquidated Amount
Liquidated Amount meaning or descrpition: a specific sum of money that can be easily and objectively calculated; if a debtor borrows $1,000 for a one-year period at 10 percent interest per year, the amount owing — $1,100 — would be a liquidated amount because it is precise and specific and the total is easily calculated using an objective standard or formula (Source of this concept of Liquidated Amount: emp.ca/books/393-2)
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Legal Citations Generator(2017, 05). Liquidated Amount lawi.ca Retrieved 12, 2019, from https://lawi.ca/liquidated-amount/
05 2017. 12 2019 <https://lawi.ca/liquidated-amount/>
"Liquidated Amount" lawi.ca. lawi.ca, 05 2017. Web. 12 2019. <https://lawi.ca/liquidated-amount/>
"Liquidated Amount" lawi.ca. 05, 2017. Accesed 12 2019. https://lawi.ca/liquidated-amount/
David S. Cohen, 'Liquidated Amount' (lawi.ca 2017) <https://lawi.ca/liquidated-amount/> accesed 2019 December 7
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Schema Summary
- Article Name: Liquidated Amount
- Author: David S. Cohen
- Description: Definition of Liquidated Amount Liquidated Amount meaning or descrpition: a specific sum of money that can be easily and [...]
This entry was last updated: May 1, 2017
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