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liquid-crystal display
liquid glass
liquid lunch
liquid measure
liquid paraffin
liquid refreshment
liquidambar
liquidate
liquidated damages
liquidating partner
liquidator
liquidise
liquidity
liquidity agreement
liquidity preference
liquidity ratio
liquidity trap
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liquidated damages
liq·ui·dat·ed dam·ag·es


plural noun 
Definition:
 
damages for contract breach: the amount of damages that must be paid if a contract is broken
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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