Liquidation: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
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* [[Preferential creditor]] | * [[Preferential creditor]] | ||
* [[Receivership]] | * [[Receivership]] | ||
* [[Residual assets]] | |||
* [[Senior debt]] | * [[Senior debt]] | ||
* [[Share]] | * [[Share]] | ||
Revision as of 16:48, 4 January 2021
1.
The sale of the assets of a company (or other entity) in order to pay off debts, commonly involving the winding up of the entity.
2.
The closing of a market position.
