26984 words

liquidation

3 definitions • 5 examples
1
the process of closing a business, so that its assets can be sold to pay its debts, or an instance of this:

Examples:

After three years of heavy losses the company went into liquidation with debts totalling £100 million.
The construction industry is noted for its high rate of liquidations.
2
a situation in which a company stops operating and sells all its assets in order to pay its debts:

Examples:

go into liquidation After three years of heavy losses the company went into liquidation with debts totalling £100 million.
put sth into liquidation They were forced to put the company into liquidation in June.
3
a situation in which an asset is sold in order to get cash:

Examples:

Analysts generally regard the liquidation of shares by corporate insiders as bad news.

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