| 单词 |
liquidation by assignment |
| 释义 |
Liquidation by assignment Liquidation by assignmentSale or realization of a debtor firm's assets voluntarily agreed to by its creditors who estimate that the firm's liquidation value exceeds its going-concern value.Liquidation by AssignmentThe sale of a company's assets when it becomes apparent that the individual assets are worth more than the company itself. A company and its creditors agree when and how liquidation by assignment occurs. See also: Chapter 7 Bankruptcy. |
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