Liquidated

3 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Liquidate \Liq"ui*date\ (l[i^]k"w[i^]*d[=a]t), v. t. [imp. & p.
     p. {Liquidated} (-d[=a]`t[e^]d); p. pr. & vb. n.
     {Liquidating}.] [LL. liquidatus, p. p. of liquidare to
     liquidate, fr. L. liquidus liquid, clear. See {Liquid}.]
     1. (Law) To determine by agreement or by litigation the
        precise amount of (indebtedness); or, where there is an


        indebtedness to more than one person, to determine the
        precise amount of (each indebtedness); to make the amount
        of (an indebtedness) clear and certain.
        [1913 Webster]
  
              A debt or demand is liquidated whenever the amount
              due is agreed on by the parties, or fixed by the
              operation of law.                     --15 Ga. Rep.
                                                    321.
        [1913 Webster]
  
              If our epistolary accounts were fairly liquidated, I
              believe you would be brought in considerable debtor.
                                                    --Chesterfield.
        [1913 Webster]
  
     2. In an extended sense: To ascertain the amount, or the
        several amounts, of, and apply assets toward the discharge
        of (an indebtedness). --Abbott.
        [1913 Webster]
  
     3. To discharge; to pay off or settle, as an indebtedness.
        [1913 Webster]
  
              Friburg was ceded to Zurich by Sigismund to
              liquidate a debt of a thousand florins. --W. Coxe.
        [1913 Webster]
  
     4. To make clear and intelligible.
        [1913 Webster]
  
              Time only can liquidate the meaning of all parts of
              a compound system.                    --A. Hamilton.
        [1913 Webster]
  
     5. To make liquid. [Obs.]
        [1913 Webster]
  
     6. To convert (assets) into cash.
        [PJC]
  
     7. To kill; -- used mostly of governments or organizations
        killing their enemies; as, Stalin liquidated many of the
        Kulaks.
        [PJC]
  
     8. To dissolve (an organization); to terminate (an activity).
        [PJC]
  
     {Liquidated damages} (Law), damages the amount of which is
        fixed or ascertained. --Abbott.
        [1913 Webster]

From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:

  30 Moby Thesaurus words for "liquidated":
     acquitted, banned, barred, debarred, deported, discharged, ejected,
     excluded, exiled, expelled, expended, hired, left out, not in it,
     not included, paid, paid in full, postpaid, precluded, prepaid,
     prohibited, purged, receipted, remitted, salaried, settled,
     shut out, spent, tabooed, waged
  
  

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  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. 5 M. R. 11; 1 N. S. 130; 6 N S. 715; 6 
  N. S. 10,  13 L. R. 275; 7 L. R. 134, 599. Such a claim cannot be set off. 2 
  Dall. 237; S. C. 1 Yeates' R. 571; 10 Serg. & Rawle, 14; see Poth. Ob. n. 
  628; Dig. 50, 17, 24; Id. 42, 1, 64; Id. 1, 45, 112; Id. 46, 5, 11; Code, 7, 
  47. Dom. Lois Civ. l. 4, t. 2, s. 2, n. 2; Arg. Inst. 1. 4, c. 7; 7 Toull. 
  n. 369; 6 Duv. Dr. Civ. Fr. n. 304.