Direct deposit and Liquidation: Difference between pages

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imported>Administrator
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imported>Administrator
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The electronic transfer of funds directly into the beneficiary’s account.  
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.


Widely used for payments such as salaries, tax refunds for example.
2. The closing of a market position.


== See also ==
== See also ==
* [[Electronic funds transfer]]
* [[Administration]]
* [[Administration order]]
* [[Compulsory liquidation]]
* [[Declaration of solvency]]
* [[Junior debt]]
* [[Liquidator]]
* [[Liquidity]]
* [[London Gazette]]
* [[Preferential creditor]]
* [[Receivership]]
* [[Senior debt]]
* [[Voluntary liquidation]]
* [[Winding-up]]
   
   



Revision as of 14:20, 23 October 2012

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.

See also