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 phraseto go into liquidation)
2.
destruction; elimination
liquidation in American English
(ˌlɪkwɪˈdeɪʃən)
noun
a liquidating or being liquidated
Idioms:
go into liquidation
Examples of 'liquidation' in a sentence
liquidation
If successful, it will lead to the supplier being placed into compulsory liquidation.
Computing (2010)
Panorama alleged that about 200 staff received more than 2 million as the business went into liquidation.
Times, Sunday Times (2016)
It followed reports the company was seeking voluntary liquidation.
The Sun (2013)
The money will come from the liquidation of his business interests.
Times, Sunday Times (2016)
The safe deposit company went into liquidation last month.
Times, Sunday Times (2015)
But the organisers failed to sell enough tickets and he was forced to put the wine shop into voluntary liquidation.
Times, Sunday Times (2007)
He added that the businesses going into liquidation were those suffering trading losses or a reputational or product issue problem.
Times, Sunday Times (2012)
An asset is by definition something one can sell and something that has a value when a company goes into liquidation.
Peter F. Drucker MANAGEMENT: task, responsibilities, practices (1974)
Last night a spokesman said the firm planned to go into creditors' voluntary liquidation.
The Sun (2013)
Four other companies have been put into voluntary liquidation but showed a 300m surplus.
Times, Sunday Times (2013)
But it didn't turn out that way and we had to go into voluntary liquidation.
The Sun (2008)
She placed the company into liquidation in 1996 after it ran up losses.
Times, Sunday Times (2016)
He kept trying throughout 2009 until this year he learnt that the company was in liquidation.
Times, Sunday Times (2010)
Without the refinancing, the company would have faced liquidation or administration.
Times, Sunday Times (2010)
And it gives the Gers something to smile about after administration and liquidation last year.
The Sun (2013)
I was advised to go into voluntary liquidation.
Times, Sunday Times (2007)
They point to how little genuine progress has been made since the 2012 financial nightmare of administration followed by liquidation.
Times, Sunday Times (2015)
It has entered voluntary liquidation.
Times, Sunday Times (2013)
The requirement to be of negligible value is usually satisfied by the company going into administration or liquidation with no prospect of a return to shareholders.
Times, Sunday Times (2013)
A company in liquidation could not assert any cause of action it could not have asserted before the commencement of its liquidation.
Times, Sunday Times (2009)
It was a streamlined process as it was unnecessary to hold the meetings of shareholders and creditors normally required for a creditors' voluntary liquidation.
Times, Sunday Times (2012)
Months after an album was cut in 1978, the record company went into liquidation.
Times, Sunday Times (2008)
Many depositors had considerably more than 50,000 invested and for them the better option may be to wait for cash back from the liquidation of the company.
Times, Sunday Times (2009)
The hard-working pair from Leicester hit rock bottom when their wholesale fancy goods business was forced into voluntary liquidation two years ago.