Liquidation

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

• Administration
• Administration order
• Compulsory liquidation
• Declaration of solvency
• Junior debt
• Liquidator
• Liquidity
• London Gazette
• Preferential creditor
• Receivership
• Senior debt
• Voluntary liquidation
• Winding-up