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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

liq•ui•da•tion

(ˌlɪk wɪˈdeɪ ʃən)

n.
1. the process of liquidating.
2. the state of being liquidated.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.

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.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.

liquidation

noun
The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Translations
تَصْفِيَة الحِساب، تَخَلُّص من
likvidace
likvidering
felszámoláslikvidálás
slit, lok; skiptameîferî òrotabús
likvidácia

liquidation

[ˌlɪkwɪˈdeɪʃən] Nliquidación f
to go into liquidationentrar en liquidación
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

liquidation

[ˌlɪkwɪˈdeɪʃən] n [company] → liquidation f
to go into liquidation → déposer son bilan
Collins English/French Electronic Resource. © HarperCollins Publishers 2005

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
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

liquidation

[ˌlɪkwɪˈdeɪʃn] nliquidazione f
to go into liquidation (Fin) → andare in liquidazione
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

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.
Kernerman English Multilingual Dictionary © 2006-2013 K Dictionaries Ltd.
References in periodicals archive ?
But by January 2018, Cowan - a sole director - had placed Avenbrae into creditors' voluntary liquidation.
Hudspiths has appointed insolvency practitioners UHY Hacker Young to oversee a creditors' voluntary liquidation.
At the High Court HM Revenue and Customs (HMRC) told Insolvency and Companies Court Judge Catherine Addy that the Humble Pub Company went into creditors' voluntary liquidation on June 7.
Kerry Franchina Bailey and Edward Terence Kerr of BDO LLP have been appointed as liquidators in the Creditors' Voluntary Liquidation.
"The director of the company ultimately instructed me on December 20, 2017, to assist with placing the company into creditors' voluntary liquidation, and the company entered the liquidation on 23 January, 2018.
Both Seama Group Ltd and M & Leisure (UK) Ltd were placed into creditors' voluntary liquidation on September 12, 2013 with deficiencies of PS65,585 and PS128,056 respectively.
Both Seama Group Ltd and M & M Leisure (UK) Ltd were placed into creditors' voluntary liquidation on 12 September 2013 with deficiencies of [pounds sterling]65,585 and [pounds sterling]128,056 respectively.
SOUTHERN PACIFIC PERSONAL LOANS LIMITED (formerly trading as London Personal Loans) (in Creditors' Voluntary Liquidation) (the "Company") (Company Number 04096093) Notice is hereby given to all customers of the Company, whose loans were redeemed (fully repaid) before August 2010, that it is the intention of the Liquidators to commence destruction of all personal data relating to such customers held by the Company, in a manner compliant with the Data Protection Act 1998 on 2 February 2016.
Creditors' voluntary liquidations have continued to decrease since the second quarter of 2013, with an estimated 2,451 companies entering creditors' voluntary liquidation in the third quarter this year, a 0.7% decrease on the previous quarter and 4.3% lower compared to the same period in 2014.
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.