imported>Doug Williamson |
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| 1.
| | == Summary == |
| | | Importing files from local file repository |
| To sell the assets of a company (or other entity) in order to pay off debts, commonly involving the winding up of the entity.
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| 2.
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| To close a market position, for example by selling an asset for cash.
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| 3.
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| To turn any other asset - including the proceeds of crime - into cash.
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| :<span style="color:#4B0082">'''''Frauds made easier by technology'''''</span>
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| :"The frauds in Romania and the UK were both... made easier by technology (electronic payments can be liquidated more quickly and easily than cheques)."
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| :''The Treasurer magazine, March 2017, p39 - Lesley Meall, freelance journalist specialising in technology and finance.''
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| 4. ''Law - contract - remedies - damages''.
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| Liquidated damages are an amount of damages quantified in money terms.
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| Unliquidated damages are damages where the amount has not been quantified.
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| == See also == | |
| * [[Forced sale]]
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| * [[Liquid]]
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| * [[Liquidated damages]]
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| * [[Liquidation]]
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| * [[Liquidity]]
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| * [[Side pocket]]
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| * [[Winding-up]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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| [[Category:Cash_management]]
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| [[Category:Financial_products_and_markets]]
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| [[Category:Liquidity_management]]
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