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LSDefine

Simple English definitions for legal terms

liquidated demand

Read a random definition: fact bargain

A quick definition of liquidated demand:

Liquidated demand is a request for a specific amount of money or property that has already been agreed upon by both parties or can be determined by law. It is different from an unliquidated claim, which is a request for an amount that has not yet been determined. A liquidated demand can be enforced by a court, and is often included in a complaint in a civil lawsuit.

A more thorough explanation:

Definition: A demand for money, property, or a legal remedy to which one asserts a right, especially the part of a complaint in a civil action specifying what relief the plaintiff asks for. It refers to a claim for an amount previously agreed on by the parties or that can be precisely determined by operation of law or by the terms of the parties' agreement. It can also be a claim that was determined in a judicial proceeding.

Examples:

  • A person sues their landlord for not returning their security deposit, which was agreed to be $500 in the lease agreement. This is a liquidated demand because the amount is previously agreed on by the parties.
  • A person sues their former employer for unpaid wages, and the court has already determined that the employer owes them $10,000. This is also a liquidated demand because the amount was determined in a judicial proceeding.

The examples illustrate that a liquidated demand refers to a claim for a specific amount that is either agreed upon by the parties or determined by a court. It is different from an unliquidated claim, where the amount owed has not been determined yet.

liquidated debt | liquidating distribution

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ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
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