liquidation


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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 ?
Thus, since June 13, 2018, when the bank's voluntary liquidation process was launched, the bank's liquidators have recovered EUR 635.581 million in total, including EUR 280.088 million recovered in the first seven months of 2019.
Minister of Mineral Resources, Green Technology and Energy Security, Mr Eric Molale says P956 million has been spent on the liquidation of BCL Mine.
Often, the answer is that it goes into liquidation. This may be simply defined as the process by which a company's operations are brought to an end, and its property and assets redistributed.
Until the issuance of Accounting Standards Update (ASU) 2013-07 [which introduced Accounting Standards Codification (ASC) 205-30 and amended other sections, primarily ASC 942-810,960,962, and 96540], GAAP prescribed only the circumstances when the liquidation basis of accounting should be used, but offered little or no presentation guidance.
Altaba (AABA) announced last night that the fund's board of directors has approved the liquidation and dissolution of the fund pursuant to a plan of complete liquidation and dissolution, subject to stockholder approval.
M2 EQUITYBITES-March 18, 2019-Reinhart Intermediate Bond NextShares announce its closure and liquidation
Global Banking News-March 18, 2019-Reinhart Intermediate Bond NextShares announce its closure and liquidation
But does the ability to adjudicate disputes prevent one of the parties entering into administration, liquidation or bankruptcy?
BANKING AND CREDIT NEWS-November 12, 2018--New Zealand's CBL Insurance goes into liquidation
LEARNER pilots have been grounded at Durham Tees Valley airport after it emerged training firm PTT Aviation is heading into liquidation.