Liquidation

In law, liquidation is the process by which a company (or part of a company) is brought to an end, and the assets and property of the company redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry.

Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation) or voluntary (sometimes referred to as a shareholders' liquidation, although some voluntary liquidations are controlled by the creditors, see below).

Read more about Liquidation:  Compulsory Liquidation, Voluntary Liquidation, Misconduct, Priority of Claims, Dissolution, Striking Off The Register, Phoenix Companies, As A Metaphor

Other articles related to "liquidation":

Send The Light - Liquidation
... and into creditors' voluntary liquidation ... administration and would be addressed during liquidation ...
Liquidation Channel
... d/b/a Liquidation Channel, is a 24/7 home shopping and ecommerce business ... With a more than 80 million household reach, Liquidation Channel is one of the fastest growing Jewelry and Lifestyle retail business in the US ... Liquidation Channel is part of the Vaibhav Global Limited (VGL Group) ...
The Garden Party (play) - Plot
... can't show up because of a garden party of the Liquidation Office, so the parents send Hugo there to meet him ... All of the functionaries of the Liquidation Office speak in a degenerated, ideological, content-free language, as is expected from their role in the bureaucratic system ... not mean anything real and finally becomes the head of the newly created Central Inauguration and Liquidation Committee ...
Liquidation Value
... Liquidation value is the likely price of an asset when it is allowed insufficient time to sell on the open market, thereby reducing its exposure to potential buyers ... Liquidation value is typically lower than fair market value ... Liquidation value may be either the result of a forced liquidation or an orderly liquidation ...
Liquidation - As A Metaphor
... In informal usage, "liquidation" can mean the murder of a person or group who threatens a country or political organisation ...