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| This dictionary contains: 8526 juridical terms |
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Liquidation
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LiquidationA fixed and determinate valuation of things which before were uncertain.
RELATED TERMS--------------------------------------
Determinate
That which is ascertained; what is particularly designated.
Valuation
The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing
Things
By this word is understood every object, except man, which may become an active subject of right. Code du Canton de Berne, art. 332. In this sense it is opposed, in the language of the law, to the word persons.
Were
The name of a fine among the Saxons imposed upon a murderer
SIMILAR TERMS--------------------------------------
Liquidated
That which is made clear, certain, and manifest; as, liquidated damages, ascertained damages liquidated debt, an ascertained debt, as to amount. A debt is liquidated when it is certain what is due, and how much is due, cum certum est an et quantum debeatur; for although it may appear that something is due, if it does not also appear how much is due, the debt is not liquidated. An unliquidated claim is one which one of the parties to the contract cannot alone render certain.
Liquidated damages
By this term is understood the fixed amount which a party to an agreement promises to pay to the other, in case he shall not fulfil some primary or principal engagement into which he has entered by the same agreement it differs from a penalty.
Liquidation value
The price that an owner is compelled to accept when a property must be sold without reasonable market exposure.
Liquidator
The liquidator is the person, other than the Official Receiver, responsible for dealing with the winding up of a company.
PREVIOUS AND NEXT TERMS--------------------------------------
Lineal warranty
Old English law. A warranty by the heir, when he derived title to the land warranted, either from or through, the ancestor who made the warranty.
Liner
A vessel habitually employed on a regular schedule and loading and discharging at specified ports.
Liner terms
Liner terms refer to the ordinary responsibility of the shipowner under a charterparty to control and pay for the loading, stowage, trimming and discharge of the cargo of the charterer.
Liquidated
That which is made clear, certain, and manifest; as, liquidated damages, ascertained damages liquidated debt, an ascertained debt, as to amount. A debt is liquidated when it is certain what is due, and how much is due, cum certum est an et quantum debeatur; for although it may appear that something is due, if it does not also appear how much is due, the debt is not liquidated. An unliquidated claim is one which one of the parties to the contract cannot alone render certain.
Liquidated damages
By this term is understood the fixed amount which a party to an agreement promises to pay to the other, in case he shall not fulfil some primary or principal engagement into which he has entered by the same agreement it differs from a penalty.
Liquidation
Liquidation value
The price that an owner is compelled to accept when a property must be sold without reasonable market exposure.
Liquidator
The liquidator is the person, other than the Official Receiver, responsible for dealing with the winding up of a company.
Lira
The name of a foreign coin. In all computations at the custom house, the lira of Sardinia shall be estimated at eighteen cents and six mills. Act of March 22, 1846. The lira of the Lombardo-Venitian Kingdom, and the lira of Tuscany, at sixteen cents. Act of March 22, 1846.
Lis
A suit; an action; a controversy in court; a dispute.
Lis alibi pendens
The defence that a lawsuit is pending elsewhere, between the same parties and concerning the same issues.
RELATED TERMS--------------------------------------
Determinate
That which is ascertained; what is particularly designated.
Valuation
The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing
Things
By this word is understood every object, except man, which may become an active subject of right. Code du Canton de Berne, art. 332. In this sense it is opposed, in the language of the law, to the word persons.
Were
The name of a fine among the Saxons imposed upon a murderer
SIMILAR TERMS--------------------------------------
Liquidated
That which is made clear, certain, and manifest; as, liquidated damages, ascertained damages liquidated debt, an ascertained debt, as to amount. A debt is liquidated when it is certain what is due, and how much is due, cum certum est an et quantum debeatur; for although it may appear that something is due, if it does not also appear how much is due, the debt is not liquidated. An unliquidated claim is one which one of the parties to the contract cannot alone render certain.
Liquidated damages
By this term is understood the fixed amount which a party to an agreement promises to pay to the other, in case he shall not fulfil some primary or principal engagement into which he has entered by the same agreement it differs from a penalty.
Liquidation value
The price that an owner is compelled to accept when a property must be sold without reasonable market exposure.
Liquidator
The liquidator is the person, other than the Official Receiver, responsible for dealing with the winding up of a company.
PREVIOUS AND NEXT TERMS--------------------------------------
Lineal warranty
Old English law. A warranty by the heir, when he derived title to the land warranted, either from or through, the ancestor who made the warranty.
Liner
A vessel habitually employed on a regular schedule and loading and discharging at specified ports.
Liner terms
Liner terms refer to the ordinary responsibility of the shipowner under a charterparty to control and pay for the loading, stowage, trimming and discharge of the cargo of the charterer.
Liquidated
That which is made clear, certain, and manifest; as, liquidated damages, ascertained damages liquidated debt, an ascertained debt, as to amount. A debt is liquidated when it is certain what is due, and how much is due, cum certum est an et quantum debeatur; for although it may appear that something is due, if it does not also appear how much is due, the debt is not liquidated. An unliquidated claim is one which one of the parties to the contract cannot alone render certain.
Liquidated damages
By this term is understood the fixed amount which a party to an agreement promises to pay to the other, in case he shall not fulfil some primary or principal engagement into which he has entered by the same agreement it differs from a penalty.
Liquidation
Liquidation value
The price that an owner is compelled to accept when a property must be sold without reasonable market exposure.
Liquidator
The liquidator is the person, other than the Official Receiver, responsible for dealing with the winding up of a company.
Lira
The name of a foreign coin. In all computations at the custom house, the lira of Sardinia shall be estimated at eighteen cents and six mills. Act of March 22, 1846. The lira of the Lombardo-Venitian Kingdom, and the lira of Tuscany, at sixteen cents. Act of March 22, 1846.
Lis
A suit; an action; a controversy in court; a dispute.
Lis alibi pendens
The defence that a lawsuit is pending elsewhere, between the same parties and concerning the same issues.
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This dictionary contains 8526 terms.
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