Liquidating loan definition dating girls amman jordan
A receiver may be appointed to oversee such distribution of assets.
Debt is a term that relates an amount of money that is owed by one party to another.
Liquidated debt can also mean a debt that has been settled or paid up entirely.
Therefore, if you owed a ,500 credit card debt, and paid the debt off in full, the debt would then be considered liquidated.
When a fixed dollar amount is known for that debt -- meaning the debt is clear and undisputed by either party -- the debt is known as a liquidated debt.
This differs from an unliquidated debt, in which a dollar amount is unknown.