liquidation

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Related to liquidating: Liquidating dividend, Self Liquidating

liquidation

Business
a. the process of terminating the affairs of a business firm, etc., by realizing its assets to discharge its liabilities
b. the state of a business firm, etc., having its affairs so terminated (esp in the phrase to go into liquidation)
References in periodicals archive ?
In addition, pursuant to the fund's Plan of Liquidation, it signed a liquidating trust agreement to complete the final wind-up of its affairs and liquidate its assets.
The Liquidating Trust is expected to terminate, subject to the terms of the Liquidating Trust Agreement, on or about April 17, 2018.
OTC: CMYS) said the company's board of directors has approved a final liquidating distribution of USD0.
corporation is insolvent and the shareholder of the de facto liquidated corporation is a foreign corporation, the liquidating corporation is subject to U.
This strategy allows you to access funds without immediately liquidating your portfolio.
Palmdale, which is the administrator of the bonds but is not responsible for the payments, began foreclosure proceedings in May 1997 against Bankers Trust, RPC Liquidating Trust and a number of contractors.
loss in some instances) on liquidating sales and distributions
Shareholders remaining in a Liquidating Fund on July 27, 2011 will have their shares redeemed automatically on this date and will receive cash in an amount equal to the net asset value of their shares as of the close of business on July 27.
737 does not differentiate between liquidating and nonliquidating distributions.
PK) today announced that, in accordance with the Plan of Complete Liquidation and Dissolution (the "Plan of Liquidation") approved by its stockholders on January 26, 2009, its Board of Directors has approved a final liquidating distribution (the "Final Liquidating Distribution") in the amount of $0.
M2 EQUITYBITES-July 17, 2015-Community Service Communications approves final liquidating distribution
The result is the same when a corporation distributes low-basis assets to its shareholders in a liquidation and the shareholders transfer them to a new corporation controlled by the liquidating corporation's shareholders.