unliquidated

The company has an unliquidated debt from last year.

Definition

1. Adjective:
   • Not settled or paid: "unliquidated" describes a debt, obligation, or claim that has not been fully paid, discharged, or resolved. It often applies to financial or legal contexts where the exact amount or terms are still undetermined or unpaid.
   • Not converted into cash: In accounting, "unliquidated" can refer to assets or funds that have not yet been liquidated (converted into cash or settled).

Usage Examples

• (Debts that have not been paid off or settled.)
• (Damages that have not been precisely calculated or paid.)
• (Unsettled invoices or payments owed to the company.)

Advanced Usage

• "unliquidated claim": a legal claim for which the amount of damages has not yet been determined by a court or agreement.

  • The plaintiff filed an unliquidated claim for personal injury, leaving the final amount to be decided in court. (A claim without a fixed monetary value.)

• "unliquidated debt": a debt that has not been paid or settled.

  • The bank reported a large number of unliquidated debts in its quarterly statement. (Unpaid obligations.)

Variants and Related Words

• Liquidated (adj): settled, paid, or converted into cash.

  • The liquidated damages were paid promptly after the contract was broken. (Fixed and paid damages.)

• Liquidate (verb): to settle a debt, convert assets into cash, or close a business.

  • The company had to liquidate its inventory to pay off creditors. (Convert assets to cash.)

Synonyms

• Unpaid: not yet paid.
• Unsettled: not resolved or paid.
• Outstanding: remaining unpaid or unresolved (often used for debts or obligations).

Related Idioms