liquidation Definition
liqui·da·tion (lik′wi dā′s̸hən)
noun
a liquidating or being liquidated
liquidation Idioms
go into liquidation
to close one's business by collecting assets and settling all debts
liquidation Usage Examples
Converse of object
- precede: Members of an insolvent LLP may also have to repay a liquidator some or all of their drawings for the two years preceding liquidation.
- avoid: Millers survival likely as new group takeover Rotherham United look to have beaten the fight to avoid liquidation.
- enter: This lead many to believe the company had entered liquidation.
- face: He was forced to return to England to face the liquidation of his Daily Paper debts.
- follow: A company can cease to be a CIC only by dissolution ( which may follow liquidation ) or by conversion to a charity.
Adjective modifier
- insolvent: This applies more strongly where the only object in making the investment is to prevent the company from going into insolvent liquidation.
- compulsory: In due course the company went into compulsory liquidation.
- voluntary: The company was placed in members ' voluntary liquidation on 8 November 1996.
- solvent: We also deal with solvent liquidations, generally undertaken for tax or wealth protection purposes.
- provisional: See Chapter 2 for further details regarding provisional liquidations.
- formal: The question arises how an agreement between shareholders, outside the confines of a formal liquidation, can divest a company of its property?
Modifies a noun
- proceeding: We can also start bankruptcy or liquidation proceedings against you or your company.
- committee: The sanction of the liquidation committee would be needed to enable the liquidator to agree a compromise regarding the amount owed by a contributory.
- expense: The Leyland DAF Case Payment of Liquidation Expenses out of Assets comprised in Floating Assets.
- sale: Discover Government auctions, police auctions, liquidation sales, bankrupt stock sales.
Noun used with modifier
company: Notes: a There is no corresponding procedure in company liquidation.
Possessives
- creditor: Please note the Trustees reluctantly taken the decision to place RSI Assoication into creditor's voluntary liquidation.
- member: The company was placed in members ' voluntary liquidation on 8 November 1996.
Preposition: of
Browse dictionary entries near liquidation
- ‹ liquidated damages
- ‹ liquidated amount
- ‹ liquidate
- ‹ liquidambar
- ‹ liquid-yield option notes
- ‹ liquid oxygen
- ‹ liquid measure
- ‹ liquid diet
- ‹ liquid crystal display
- ‹ liquid crystal
- liquidator ›
- liquidity ›
- liquidity event ›
- liquidity ratio ›
- liquidity risk ›
- liquidize ›
- liquify ›
- liquor ›
- liquorice ›
- LIR ›

