liquidation of a debt

  • 11liquidation — The act or process of settling or making clear, fixed, and determinate that which before was uncertain or unascertained. Payment, satisfaction, or collection; realization on assets and discharge of liabilities. To clear away (to lessen) a debt.… …

    Black's law dictionary

  • 12Liquidation — 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

  • 13liquidation — 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

  • 14liquidation proceedings — ( interim payment) Euroclear Clearing and Settlement glossary liquidation / liquidating dividend Euroclear Clearing and Settlement glossary Distribution of cash, assets, or both. Debt may be paid in order of priority based on preferred claims to… …

    Financial and business terms

  • 15liquidation — (interim payment) liquidating dividend / liquidation proceedings Distribution of cash, assets, or both. Debt may be paid in order of priority based on preferred claims to assets specified by the security. Security holders may be able to choose… …

    Euroclear glossary

  • 16liquidation proceedings — (interim payment) liquidation / liquidating dividend Distribution of cash, assets, or both. Debt may be paid in order of priority based on preferred claims to assets specified by the security. Security holders may be able to choose the form of… …

    Euroclear glossary

  • 17liquidation — 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

  • 18liquidation — /lik wi day sheuhn/, n. 1. the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc. 2. the process of converting securities or commodities into cash. 3. the state of being… …

    Universalium

  • 19liquidation — 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

  • 20liquidation — liquidate ► VERB 1) wind up the affairs of (a company) by ascertaining liabilities and apportioning assets. 2) convert (assets) into cash. 3) pay off (a debt). 4) informal eliminate; kill. DERIVATIVES liquidation noun liquidator noun …

    English terms dictionary