| 单词 | liquidation |
| 释义 | liquidation liquidation // noun [U]
COMPULSORY LIQUIDATION, FORCED LIQUIDATION, INVOLUNTARY LIQUIDATION, VOLUNTARY LIQUIDATION
1 (Law ) the process of closing a company, selling its assets and paying its debts: The firm has gone into liquidation. Shareholders are worried that the group will be put into liquidation. SYN WINDING UP See note at BANKRUPT
2 (Accounting ; Finance ) the action of selling sth to get money or to avoid losing money: Falling prices may lead to further liquidation of stocks. The plan calls for liquidation of some of the company's assets.
BANKRUPTCY, RECEIVERSHIP |
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