Liquidated means which is pre-determined or pre-fixed which is known before hand i.e. in case of breach of contract the damages are known, they are pre-determined by parties, but unliquidated means which is not determined or prefixed,that is not known before hand i.e tort of defamation.
In short -
Liquidated -
pre-fixed or pre-determined. Which is already known.
Unliquidated -
Which is not pre-fixed or determined.
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