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LIQUIDATION meaning: 1. the process of closing a business, so that its assets can be sold to pay its debts, or an…. Learn more.
LIQUIDATE definition: 1. to cause a business to close, so that its assets can be sold to pay its debts 2. to kill someone…. Learn more.
Liquidation is the process in accounting by which a company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as wound-up or dissolved, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when ...
Liquidation is a process where the company’s assets are seized and realised, with the resulting proceeds used to pay off its debts and liabilities. The information below, unless otherwise stated, is largely applicable to the liquidation of a limited liability partnership. Any surplus is then distributed among the contributories of the company ...
LIQUIDATE meaning: 1. to cause a business to close, so that its assets can be sold to pay its debts 2. to kill someone…. Learn more.
Definition of liquidation noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Overview. You can choose to liquidate your limited company (also called ‘winding up’ a company). The company will stop doing business and employing people. The company will not exist once it ...
