TeachMeFinance.com - explain Liquidation
liquidation -- Sale of the assets of a business to pay off
liquidation -- the process of terminating a business including selling assets to obtain cash and using the cash to discharge liabilities.
Liquidation -- 1. The act or process of settling or making clear, fixed and determined.
Liquidation -- Settling or winding up; in speculation, closing of transactions either compulsorily or voluntarily.
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