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  3. Law: Contract(s)

lichida

English translation: liquidate

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Romanian term or phrase:lichida
English translation:liquidate
Entered by: danieline

20:47 Jun 4, 2014
Romanian to English translations [PRO]
Law: Contract(s)
Romanian term or phrase: lichida
In caz de reziliere, partile contractante vor stabili si lichida drepturile si obligatiile in mod amiabil. Compensarea datoriilor reciproce opereaza de drept, in datorii incluzindu-se si penalitatile sau daunele interese asa cum au fost stabilite in prezentul contract.
danieline
Local time: 10:38
liquidate
Explanation:
liquidate, to: (1) to determine by agreement or by litigation the precise amount of (indebtedness, damages, or accounts) (2) : to determine the liabilities and apportion assets toward discharging the indebtedness of
b : to settle (a debt) by payment or other settlement

As per Merriam-Webster
Selected response from:

Simon Charass
Canada
Local time: 03:38
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3liquidate
Simon Charass


  

Answers


7 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
liquidate


Explanation:
liquidate, to: (1) to determine by agreement or by litigation the precise amount of (indebtedness, damages, or accounts) (2) : to determine the liabilities and apportion assets toward discharging the indebtedness of
b : to settle (a debt) by payment or other settlement

As per Merriam-Webster

Simon Charass
Canada
Local time: 03:38
Works in field
Native speaker of: Native in EnglishEnglish, Native in FrenchFrench
PRO pts in category: 16

Peer comments on this answer (and responses from the answerer)
agree  Nina Iordache
9 hrs
  -> Multumesc.
agree  Maricica Ghiculescu
11 hrs
  -> Multumesc.
agree  Simona Pop
11 hrs
  -> Multumesc.
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