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Unliquidated Demand

A demand (claim) for an amount of money that is not fixed or established at the time of claim. It...

    Liquidated Demand

    A demand (claim) for a fixed amount of money, such as an established debt of $1,000. A liquidated demand is...

      Adjustment

      Adjustment has many meanings in multiple contexts. In relation to insurance, it is the determination of the amount due for...