Definition of a liquidating loan


20-Sep-2019 00:59

Debt is a term that relates an amount of money that is owed by one party to another.

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.

She has published numerous articles for print and online media including "Grit" Magazine.

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'liquidate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. What It Is In the financial world, to liquidate something means to sell it for cash.

Businesses The procedure for filing Chapter 7 bankruptcy is very similar for businesses.Commercial papers are unsecured promissory notes that are issued by corporations.



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