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)