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  1. Dictionary
    liquidate
    /ˈlɪkwɪdeɪt/

    verb

    • 1. wind up the affairs of (a business) by ascertaining liabilities and apportioning assets: "if the company was liquidated, there would be enough funds released to honour the debts" Similar close downwind upput into liquidationdissolve
    • 2. kill (someone), typically by violent means: informal "rivals and critics were liquidated in bloody purges"

    More definitions, origin and scrabble points

  2. 2 days ago · Liquidated damages often express a specific lump sum or a formula to identify the quantum of damages payable upon the happening of a certain event. This event is usually a breach under the contract.

  3. 2 days ago · Liquidated damages are predetermined damages in a contract that the contractor must pay to the principal if they fail to complete the works by the date for practical completion. It is important for a principal to properly calculate a liquidated damages rate.

  4. 5 days ago · The term ‘Liquidated Damages’ is defined in Black’s Law Dictionary as “an amount contractually stipulated as a reasonable estimation of actual damages to be recovered by one party if the other party breaches.

  5. 5 days ago · Liquidated Damages are the compensation received by one party, if the other party breaches a specific part of the contract. Both parties agree upon the amount in advance.

  6. 4 days ago · Non-Compete Agreements are contracts, typically formed in employment or business purchase contexts, where one party agrees to refrain from engaging in a particular line of work or pursuing...

  7. 2 days ago · Receivership does not necessarily mean a company is about to close down. The company might bounce back after the receivership, with control returning to the directors. Notably, an administrator or liquidator might step in to represent unsecured creditors when a company goes into receivership.

  8. 4 days ago · (a) General. (1) For the purposes of FAR 52.211-10, Commencement, Prosecution and Completion of Work, and FAR 52.211-12, Liquidated Damages-Construction, the work shall be deemed complete when it is “substantially complete.”