provisional liquidator

provisional liquidator A person appointed by a court after the presentation of a winding-up petition on a company (seecompulsory liquidation). The provisional liquidator, whose powers are limited, has to protect the interests of all the parties involved until the winding-up order is made. The official receiver is normally appointed to this post. See alsoliquidator.

• directors or higher-paid employees
• directors’ authority to act
• directors’ interests
• directors’ remuneration
• directors’ report
• directory
• direct placing
• direct quote
• direct-response TV advertising
• direct taxation
• direct write-off method
• dirham
• dirty price
• disbursement
• disclaimer
• discount
• discounted cash flow
• discounted payback method
• discounted value
• discount factor
• discount house
• discount rate
• discretionary account
• discretionary costs
• discretionary order