liquidation
/ˌlɪkwəˈdeɪʃən/
Meanings
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The process of bringing an asset or business to an end, typically involving the sale of assets to repay debts.
- "The company went into liquidation last year."
- "Many investors lost their money when the fund went into liquidation."
Rhymes
Words rhyming with liquidationliquid , illiquid , solid , dissolved , sublimated , evaporated , condensed , precooked , half-cooked , raw , cooked , ripe , unripe , green , red , yellow , orange , blue , purple
Homophones
Words having the same pronunciation but different meanings, origins, or spelling,-
Liquidation (en) : The process of bringing an asset or business to an end, typically involving the sale of assets to repay debts.
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Liquidation (es) : Liquidación. El proceso de terminar con un activo o negocio, a menudo implicando la venta de activos para cancelar deudas.
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Liquidation (fr) : Liquidation. Le processus de mettre fin à un actif ou une entreprise, généralement impliquant la vente d'actifs pour réduire des dettes.
Variants
List of all variants of liquidation that leads to same resultliquidate , liquidated , liquidates , liquidating , liquidation , liquidations
Forms
Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).Liquidation can take various forms depending on the context and the specific nature of the asset or business being liquidated. Some common forms of liquidation include: 1. Voluntary liquidation: This is a type of liquidation that is initiated voluntarily by the company or its shareholders, usually when the company is no longer viable or solvent, and it is in the best interests of the company and its stakeholders to liquidate the company and distribute its assets to its creditors and shareholders. 2. Compulsory or involuntary liquidation: This is a type of liquidation that is initiated involuntarily by a creditor or creditors of the company, usually when the company is unable to pay its debts as they become due, and it is in the best interests of the creditors to liquidate the company and distribute its assets to them in satisfaction of their debts. 3. Members' voluntary liquidation: This is a type of voluntary liquidation that is initiated by a solvent company, that is, a company that is able to pay its debts in full as they become due, and it is in the best interests of the company and its shareholders to distribute the company's assets to its shareholders in satisfaction of their shares and to wind up the company's affairs. 4. Creditors' voluntary liquidation: This is a type of voluntary liquidation that is initiated by an insolvent company, that is, a company that is unable to pay its debts in full as they become due, and it is in the best interests of the company and its creditors to liquidate the company and distribute its assets to its creditors in satisfaction of their debts.
Etymology
origin and the way in which meanings have changed throughout history.From the Latin word 'liquidus' meaning 'liquid' or 'melted'. In business context, liquidation refers to the process of converting an illiquid asset or business into a liquid form, typically through sale of assets to repay debts.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.In various cultures, the concept of liquidation has been used metaphorically to describe the end of something, such as a relationship, a phase in life, or even a civilization. For instance, in ancient Greece, the goddess Persephone was believed to have ruled over the underworld, and her return each year marked the end of the harvest season and the beginning of winter. Similarly, in Hindu mythology, the god Shiva is often depicted as the destroyer of the universe, and his dance symbolizes the cyclical nature of existence and the transformative power of destruction and rebirth.
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