liquidation

Definitions:

  • The act of liquidating; the act of adjusting debts, or ascertaining their amount or the balance of them due.
  • The act or process of liquidating; the state of being liquidated.
  • to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness may be authoritatively ascertained, and that the assets may be applied toward their discharge.
  • The <xref>act</xref> of <xref>exchange</xref> of an <xref>asset</xref> of lesser <xref>liquidity</xref> with a more liquid one, such as <xref>cash</xref>.
  • The selling of the assets of a business as part of the process of dissolving the business.
  • the act of exterminating
  • termination of a business operation by using its assets to discharge its liabilities
  • the murder of a competitor
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