Usually means: Compensation for breach of contract.
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We found 24 dictionaries that define the word liquidated damages:

General (7 matching dictionaries)
  1. liquidated damages: Longman Dictionary of Contemporary English
  2. liquidated damages: Wordnik
  3. liquidated damages: Wiktionary
  4. liquidated damages: Dictionary.com
  5. Liquidated damages: Wikipedia, the Free Encyclopedia
  6. liquidated damages: FreeDictionary.org
  7. Liquidated damages: TheFreeDictionary.com

Business (16 matching dictionaries)
  1. liquidated damages: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. Duhaime's Canadian law dictionary (No longer online)
  4. liquidated damages: Law.com Dictionary
  5. Everybody's Legal Dictionary (No longer online)
  6. Travel Industry Dictionary (No longer online)
  7. INVESTORWORDS (No longer online)
  8. THE 'LECTRIC LAW LIBRARY'S REFERENCE ROOM (No longer online)
  9. Glossary of Legal Terms (No longer online)
  10. Liquidated damages: Bloomberg Financial Glossary
  11. Bouvier's Law Dictionary 1856 Edition (No longer online)
  12. Liquidated Damages: Investopedia
  13. Liquidated damages: Legal dictionary
  14. liquidated damages: Financial dictionary
  15. Glossary of Labor & Legal Terminology (No longer online)
  16. BusinessDictionary.com (No longer online)

Tech (1 matching dictionary)
  1. Urban Conservation Glossary (No longer online)

Definitions from Wiktionary (liquidated damages)

noun:  (law) An amount owed to a plaintiff in a lawsuit by the defendant that is determined by operation of law, such as the unpaid amount in a breach of contract.

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