Home  
Mortgage Calculators
Mortgage Types
State Mortgages
Questions & Answers
Mortgage Advice
Mortgage Glossary A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Other

Site Search:

Powered by:

 



Liquidated Damages - Definition

A sum specified in a purchase agreement that one party must pay the other in the event the contract is breached.