unliquidated
41Liquidated damages — (also referred to as liquidated and ascertained damages) are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach (e.g., late performance).When… …
42Tucker Act — Through the Tucker Act (March 3, 1887, ch. 359, USStat|24|505, usc|28|1491), the United States government has waived its sovereign immunity from lawsuits. The Act was named after Congressman John Randolph Tucker, of Virginia, who introduced it as …
43Roman litigation — The system of Roman litigation passed through three stages over the years: until around 150 BC, the Legis Actiones system; from around 150 BC until around 342 AD, the formulary system; and from 342 AD onwards, the cognitio procedure.Legis… …
44Contingent liability — Contingent liabilities are liabilities that may or may not be incurred by an entity depending on the outcome of a future event such as a court case. These liabilities are recorded in a company s accounts and shown in the balance sheet when both… …
45Stipulatio — was the basic form of contract in Roman law. It was made in the format of question and answer. The precise nature of the contract was disputed, as can be seen below.CapacityIn order to contract parties must have intellectus (understanding) and… …
46Unspecified claim — An unspecified claim is a tort claim where the amount to be awarded is left to the Court to determine. [ [http://www.hmcourts service.gov.uk/infoabout/glossary/legal.htm#U Her Majesty s Court Service web site] ] [… …
47liquidation — /lik wi day sheuhn/, n. 1. the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc. 2. the process of converting securities or commodities into cash. 3. the state of being… …
48damages — I noun amends, compensation, costs, expenses, expiation, fine, indemnification, indemnity, injury, just compensation, legal costs, legal liability, loss, penalty, recompense, recovery, reimbursement, remuneration for injury suffered, reparation,… …
49debt — n [Old French dette, ultimately from Latin debita, plural of debitum debt, from neuter of debitus, past participle of debere to owe] 1: something owed: as a: a specific sum of money or a performance due another esp. by agreement (as a loan… …
50delinquent — de·lin·quent 1 /di liŋ kwənt/ n: a delinquent person; esp: juvenile delinquent delinquent 2 adj [Latin delinquent delinquens, present participle of delinquere to commit (an offense), err] 1 a: offending by neglect or violation of duty or law …
