bn:00051487n
Noun Concept
Categories: Business economics, Finance, United Kingdom-centric, Insolvency law, Bankruptcy
EN
liquidation  settlement  Fulfilment  Law of Liquidation  Company dissolution
EN
Termination of a business operation by using its assets to discharge its liabilities WordNet 3.0
English:
law
Definitions
Examples
Relations
Sources
EN
Termination of a business operation by using its assets to discharge its liabilities WordNet 3.0 & Open English WordNet
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. Wikipedia
Conversion of a business's assets to money in order to pay off debt. Wikipedia Disambiguation
Winding-up of a company Wikidata
The process by which a company (or part of a company) is brought to an end, and the assets and property of the company redistributed. OmegaWiki
The selling of the assets of a business as part of the process of dissolving the business. Wiktionary
EN
The store is having a liquidation sale: everything must go as they go out of business. Wiktionary