Liquidated Account definition
Liquidated Account means an Account which has been closed to further purchases and has been liquidated, whether by way of a payment in full, a disposition, a refinance, a compromise, a sale to a purchaser or any other means of liquidation of such Account.
Examples of Liquidated Account in a sentence
Liquidated Account - An account that is certain, fixed and settled as to amount by the act and agreement of the parties or through law.