Liquidate: Difference between revisions
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imported>Doug Williamson (Add third definition. Source: The Treasurer, March 2017, p39.) |
imported>Doug Williamson (Classify page.) |
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* [[Liquidity]] | * [[Liquidity]] | ||
* [[Winding-up]] | * [[Winding-up]] | ||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] |
Revision as of 12:57, 15 May 2020
1.
To sell the assets of a company (or other entity) in order to pay off debts, commonly involving the winding up of the entity.
2.
To close a market position, for example by selling an asset for cash.
3.
To turn any other asset - including the proceeds of crime - into cash.
Frauds made easier by technology
- "The frauds in Romania and the UK were both... made easier by technology (electronic payments can be liquidated more quickly and easily than cheques)."
- The Treasurer magazine, March 2017, p39 - Lesley Meall, freelance journalist specialising in technology and finance.