CONTRACT PENALTIES / LIQUIDATED DAMAGES,

CONTRACT PENALTIES / LIQUIDATED DAMAGES Definition:

A simple definition of CONTRACT PENALTIES / LIQUIDATED DAMAGES is: The agreement contains penalties for delays in the implementation of the agreement.

Literal Meanings of CONTRACT PENALTIES / LIQUIDATED DAMAGES

CONTRACT:

Meanings of CONTRACT:

1. Make a formal and legally binding agreement.

2. Catch or Prepare (Disease or Infectious Agent)

3. Your debt

4. A written or ■■■■ agreement, specifically a contract of employment, purchase or lease, intended to be legally binding.

Sentences of CONTRACT

1. When it cools, the glass contracts

2. Local authorities will employ various agencies to provide services

3. Three people infected with the deadly virus

4. The resulting debt is 3,300

Synonyms of CONTRACT

engage, succumb to, be taken ill with, get smaller, undertake, promise, fall into, bond, become infected with, pick up, arrangement, acquire, incur, compact, pact, develop, settlement, be stricken with, fall ill with, become smaller, get

PENALTIES:

Meanings of PENALTIES:

1. Violation of any law, statute or agreement is punishable by a fine.

2. A disability imposed on a player or team for breaking the rules (in sports and games).

Sentences of PENALTIES

1. The charge carries a maximum sentence of ten years in prison.

2. He received a fine of 6.40 times in the field alone.

Synonyms of PENALTIES

retribution, penance, punishment, sanction, punitive action

LIQUIDATED:

Meanings of LIQUIDATED:

1. Clear the (company) business by identifying responsibilities and allocating assets.

2. Kill (someone), usually by force.

Sentences of LIQUIDATED

1. In the event of liquidation of the company, substantial funds will be released to settle the debts

Synonyms of LIQUIDATED

send to the gas chambers, disband, terminate, cut down, mow down, annihilate, break up, dissolve, destroy, exterminate, kill off, butcher, wipe out, kill, put to death, liquidate, eliminate, ■■■■■■■, close down, cut to pieces, murder, decimate, put into liquidation, massacre, put to the sword, wind up

DAMAGES:

Meanings of DAMAGES:

1. Cause physical (partial) damage that affects its value, usability or normal functioning.

2. Physical harm that affects the value, usefulness, or normal functioning of an object.

3. The amount required or given as compensation for loss or damage.

Sentences of DAMAGES

1. The ■■■■■ caused great damage to the city.

2. He received 28 4,284,000 in damages.

Synonyms of DAMAGES

restitution, injure, mangle, destruction, harm, spoil, blight, reparations, vandalize, redress, compensation, mar, impair, defile, recompense, injury, reparation, blemish, disfigure, deface