liquidated damages

collocation in English

meaningsofliquidateanddamage

These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withdamage.
liquidate
verb
uk
/ˈlɪk.wə.deɪt/us
/ˈlɪk.wə.deɪt/
to cause a business to close, so that its assets can be sold to pay ...
See more atliquidate
damage
noun
uk
/ˈdæm.ɪdʒ/us
/ˈdæm.ɪdʒ/
harm ...
See more atdamage

(Definition ofliquidateanddamagefrom theCambridge English Dictionary© Cambridge University Press)

Examplesofliquidated damages

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
This includes the cost of unscheduled resources and liquidated damages.
From theCambridge English Corpus
Where the case is premised on liquidated damages, such as a breach of a promissory note, then judgment will be entered in that amount.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
It also would have added minimum liquidated damages for willful violations and punitive damages for violations committed with malice.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
Parties may contract for liquidated damages to be paid upon a breach of the contract by one of the parties.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
Officially, demurrage is a form of liquidated damages for breaching the laytime as it is stated in the governing contract (the charter party).
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
Such clauses should be distinguished from liquidated damages clauses, which do not result in binding judgments against the obligor.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
Issues related to liquidated damages, misrepresentation, vehicle condition, contract disputes and safety certificates are the most common complaints handled.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
It is a commonplace that a seller of goods may exclude liability for consequential loss, and may agree liquidated damages for delay.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
The contract stipulated the levy of liquidated damages for the delays and the same worked out to the equivalent of 38.5 million.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
The courts place an outer-limit on liquidated damages clauses if they became so high, or extravagant and unconscionable as to look like a penalty.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
If that happened, court documents allege, the money was immediately due plus $600,000 in liquidated damages.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
Many clauses which are found to be penal are expressed as liquidated damages clauses but are seen by courts as excessive and thus invalid.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
The purpose of liquidated damages is to provide certainty and to avoid both the bother and cost of legal proceedings.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
Outside of that window there is no opt-out, and a $400 million liquidated damages penalty is specified in case the team were able to break the lease in court.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Want to learn more?
Go to the definition ofliquidate
Go to the definition ofdamage
See other collocations withdamage