liquidation

(redirected from Creditors' voluntary liquidation)
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Related to Creditors' voluntary liquidation: Members voluntary liquidation

liq·ui·date

 (lĭk′wĭ-dāt′)
v. liq·ui·dat·ed, liq·ui·dat·ing, liq·ui·dates
v.tr.
1.
a. To pay off (a debt, claim, or obligation); settle.
b. To settle the affairs of (a business firm, for example) by determining the liabilities and applying the assets to their discharge.
2. To convert (assets) into cash.
3. To eliminate, especially by killing.
v.intr.
1. To settle a debt, claim, or obligation.
2. To settle the affairs of a business or estate by disposing of its assets and liabilities.

[Late Latin liquidāre, liquidāt-, to melt, from Latin liquidus, liquid; see liquid.]

liq′ui·da′tion n.
liq′ui·da′tor n.

liquidation

(ˌlɪkwɪˈdeɪʃən)
n
1. (Commerce)
a. the process of terminating the affairs of a business firm, etc, by realizing its assets to discharge its liabilities
b. the state of a business firm, etc, having its affairs so terminated (esp in the phrase to go into liquidation)
2. destruction; elimination

liq•ui•da•tion

(ˌlɪk wɪˈdeɪ ʃən)

n.
1. the process of liquidating.
2. the state of being liquidated.

liquidation

The dissolution of a company such that its assets are made liquid (converted into cash) in order to pay any debts and the remainder is distributed among the companies shareholders.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.liquidation - termination of a business operation by using its assets to discharge its liabilitiesliquidation - termination of a business operation by using its assets to discharge its liabilities
ending, termination, conclusion - the act of ending something; "the termination of the agreement"
viaticus settlement, viatical settlement - sale of an insurance policy by a terminally ill policy holder
2.liquidation - the act of exterminating
destruction, devastation - the termination of something by causing so much damage to it that it cannot be repaired or no longer exists
3.liquidation - the murder of a competitor
murder, slaying, execution - unlawful premeditated killing of a human being by a human being

liquidation

noun
Translations
تَصْفِيَة الحِساب، تَخَلُّص من
likvidace
likvidering
felszámoláslikvidálás
slit, lok; skiptameîferî òrotabús
likvidácia

liquidation

[ˌlɪkwɪˈdeɪʃən] Nliquidación f
to go into liquidationentrar en liquidación

liquidation

[ˌlɪkwɪˈdeɪʃən] n [company] → liquidation f
to go into liquidation → déposer son bilan

liquidation

n
(Comm) → Liquidation f, → Liquidierung f; (of company)Auflösung f, → Liquidation f; (of debts)Tilgung f; to go into liquidationin Liquidation gehen
(of enemy etc)Liquidierung f

liquidation

[ˌlɪkwɪˈdeɪʃn] nliquidazione f
to go into liquidation (Fin) → andare in liquidazione

liquid

(ˈlikwid) adjective
able to flow; not solid, but not a gas. liquid nitrogen; The ice-cream has become liquid.
noun
a substance which flows, like water. a clear liquid.
liquefy (ˈlikwifai) verb
to make or become liquid. The butter had liquefied in the heat.
ˈliquidate (-deit) verb
1. to close, and finish the affairs of (a business etc that has no money to continue).
2. to get rid of.
ˌliquiˈdation noun
ˈliquidator noun
ˈliquidize, ˈliquidise verb
to make (food etc) into a liquid or semi-liquid substance by grinding it up in a liquidizer.
ˈliquidizer, ˈliquidiser noun
an electrical device used in cookery to grind up food.
References in periodicals archive ?
Mr Little said: "We have taken instruction to convene a meeting in June to place the company into Creditors' Voluntary Liquidation.
It added that the matter would be investigated further by liquidators Lyn Vardy and Toby Underwood of PwC as the firm moved from administration to creditors' voluntary liquidation.
Padarn Bus Ltd, which is based in Llanberis, was placed into creditors' voluntary liquidation yesterday.
The firm, based in Llanberis and providing services from Beaumaris, Caernarfon and Bangor to surrounding towns and villages, has been placed into creditors' voluntary liquidation.
In a statement Begbies Traynor said the firm had been instructed "to seek a creditors' voluntary liquidation (CVL) to bring about an orderly winding down of the business.
Main sponsor Eric France Metal Recyling have entered a creditors' voluntary liquidation and can't pay a six-figure sponsorship sum to the Wildcats.
It has been confirmed that DBT Bars, recent owners of the Newhall Street venue, were placed into creditors' voluntary liquidation last month.
Running Wild was placed into creditors' voluntary liquidation in December 1992, the principal creditor being another wholly owned subsidiary of Peaco.
Deloitte have been requested to assist the director in placing the company in creditors' voluntary liquidation.
Administrators from the Manchester accountants have announced they are moving Dolgarrog Aluminium Ltd from administration to the next stage: creditors' voluntary liquidation.
It also includes special regional reports from Europe, Asia and Australia, and updates on agency and government policies that impact corporate insolvencies, as well as general corporate insolvency materials, companies regulation, partnerships and societies regulations, court liquidation, creditors' voluntary liquidation, intangible assets, charges and fees and priorities.