Residual assets: Difference between revisions
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Latest revision as of 16:53, 4 January 2021
Liquidation.
Residual assets are any assets left over in a liquidation, after all creditors have been paid.
The ordinary shareholders (common stock holders) are entitled to a proportionate share of the residual assets, if any.
However, there will often be no residual assets, especially in an insolvent liquidation.