liquidation of debts
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liquidation — Occurs when a firm s business is terminated. assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a long or short position. Related: buy in, evening up … Financial and business terms
Liquidation — When a firm s business is terminated, assets are sold, proceeds pay creditors and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a Long or short position. Related: buy in, evening up, offsetliquidity.… … Financial and business terms
liquidation — index aberemurder, assassination, cancellation, composition (agreement in bankruptcy), discharge (payment), dispatch (act of putting to death) … Law dictionary
liquidation — [lik΄wi dā′shən] n. a liquidating or being liquidated go into liquidation to close one s business by collecting assets and settling all debts … English World dictionary
Liquidation — Winding up redirects here. For other uses, see Wind up (disambiguation). Not to be confused with liquification, a concept in physics. In law, liquidation is the process by which a company (or part of a company) is brought to an end, and the… … Wikipedia
liquidation — The extinguishment of a debt by payment. Flecker v Bank of United States (US) 8 Wheat 338, 5 L Ed 631. The ascertainment of the amount of a debt or demand by agreement or by legal proceedings. In a more common sense of the term, the winding up of … Ballentine's law dictionary
liquidation — noun (C, U) 1 the act of closing down a company in order to pay its debts by selling its assets asset (1): go into liquidation: land being sold off because the builder has gone into liquidation 2 the act of paying a debt … Longman dictionary of contemporary English
liquidation — liq|ui|da|tion [ˌlıkwıˈdeıʃən] n [U and C] 1.) the act of closing a company by selling the things that belong to it, in order to pay its debts ▪ Hundreds of small businesses went into liquidation (=were closed) . 2.) the act of paying a debt … Dictionary of contemporary English
liquidation of debt — settle debts, repay debts … English contemporary dictionary
liquidation order — court order instructing a business to collect all assets and settle all debts … English contemporary dictionary
liquidation committee — A committee set up by creditors of a company being wound up in order to consent to the liquidator exercising certain of his powers. When the company is unable to pay its debts, the committee is usually composed of creditors only; otherwise it… … Big dictionary of business and management
