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The American Heritage Dictionary of Business Terms » liquidation
liquidation
liquidation definition - business
liquidation
- The conversion of assets into cash. Just as a company may liquidate an entire subsidiary by selling it to another firm, so too may an investor liquidate by selling a particular type of security.
- The paying of a debt.
- The selling of assets and the paying of liabilities in anticipation of going out of business.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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