1The process of liquidating a business: the company went into liquidation
More example sentences
- One month after these events it went into liquidation owing creditors over £100,000.
- It went into examinership in August after its British business went into liquidation and it was forced to close offices worldwide.
- During the time he spent behind bars his business went into liquidation.
1.1The conversion of assets into cash (i.e. by selling them).
- But private equity investors especially covet the fact that they stand ahead of holders of the common for the proceeds of asset liquidation in the event of bankruptcy
- The whole idea of liquidation is that all assets are liquidated and the proceeds distributed equitably in accordance with the law.
- Consequently, older borrowers are less vulnerable to external income and expense shocks because they tend to have more assets available for liquidation.
2 informal The killing of someone, typically by violent means.
- How could a collaborator of the British and a pledged advocate of violent liquidation of minorities, Muslims in particular, be invited to this function?
- We should all be obliged to appear before a board every five years and justify our existence… on pain of liquidation.
- Take Stalin's liquidation of the kulaks, or the Nazis' mass murder of the Jews.
For editors and proofreaders
Line breaks: li¦quid|ation
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