liquidation

[ US /ˌɫɪkwɪˈdeɪʃən/ ]
[ UK /lˌɪkwɪdˈe‍ɪʃən/ ]
NOUN
  1. termination of a business operation by using its assets to discharge its liabilities
  2. the murder of a competitor
  3. the act of exterminating
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How To Use liquidation In A Sentence

  • Combined with customers who would steer clear of Detroit brands because of uncertainty surrounding maintenance warranties, a messy bankruptcy could have have kicked off a vicious downward spiral that could have ended in liquidation and enormous job losses. Wonk Room » If We Had Let GM Go Bankrupt Last November, We Could Have Lost Another Million Jobs
  • He had taken over an old company verging on liquidation.
  • Months after an album was cut in 1978, the record company went into liquidation. Times, Sunday Times
  • The liquidation committee shall appoint the Independent Appraiser to conduct a valuation of the Company's assets on a current fair market value basis.
  • Ibra has repeatedly said that salvaging the bank through a rights issue would be the best and cheapest option on the table compared to other choices, such as a merger, acquisition or liquidation.
  • My hope is that it's not a liquidation," Sen. Chris Dodd, chairman of the Banking Committee, said this morning on the "Early Show" on CBS, "but what they call a debtor-in-possession, sort of Chapter 11 filing, which would allow for the reorganization of these companies. Lsj.com - News
  • If successful, it will lead to the supplier being placed into compulsory liquidation. Computing
  • Receivers moved in on Monday to wind up the debt-hit booksellers and stationers, and the company was placed into liquidation.
  • Mr Longbottom said many smaller firms in the district had suffered due to the effects of larger PLCs going into liquidation and failing to pay unsecured creditors.
  • He kept trying throughout 2009 until this year he learnt that the company was in liquidation. Times, Sunday Times
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