liquidation
Turning assets liquid
Liquidation is the process of converting assets into cash, typically to pay off debts when a business closes.
A company in liquidation sells everything to settle with creditors.
The term extends to eliminating or killing: The regime ordered the liquidation of political opponents.
A liquidation sale offers deep discounts as a store closes permanently.
Inability to pay debts
- creditorsThose owed payment
- debtsSums owed to others
- receivershipCourt-ordered asset management
- defaultPreset standard option
foreclosure · administration · insolvent · bankrupt · assets · liabilities · trustee · court
Act of ending something
- shutdownCessation of operations
- cessationA full stopping
- disbandmentFormal termination of group
- winding-upFormal business dissolution
closure · discontinuation · completion · conclusion · deregistration · striking off · company closure · voluntary
Exchange for payment
- discountReduced price offered
- inventoryCatalog of held assets
- closeoutSale to eliminate inventory
- markdownReduction in retail price
bargain · overstock · surplus · fire sale · blowout · warehouse · merchandise · stock
Successful contact or strike
- whackForceful striking blow
- murderDeliberate unlawful killing
- executionCompleting a planned task
- assassinationMurder of a prominent figure
mob · contract killing · rubout · gangland · elimination · mafia · organized crime · underworld
Owned items of value
- cashReady spending funds
- securitiesTradeable financial assets
- stocksOwnership stakes or inventory
- bondsTies that unite
portfolio · equity · shares · divestiture · monetization · realization · disposal · selling off
Allocation across recipients
- payoutMoney distributed to recipient
- dividendCorporate profit share
- disbursementDistribution of funds
- proceedsRevenue from a transaction
insolvency
Inability to pay debts
- creditorsThose owed payment
- debtsSums owed to others
- receivershipCourt-ordered asset management
default · foreclosure · administration · insolvent · bankrupt · assets · liabilities · trustee · court · judgment
termination
Act of ending something
- shutdownCessation of operations
- cessationA full stopping
- disbandmentFormal termination of group
winding-up · closure · discontinuation · completion · conclusion · deregistration · striking off · company closure · voluntary · compulsory
sale
Exchange for payment
markdown · bargain · overstock · surplus · fire sale · blowout · warehouse · merchandise · stock · unload
hit
Successful contact or strike
assassination · mob · contract killing · rubout · gangland · elimination · mafia · organized crime · underworld · ice
assets
Owned items of value
- cashReady spending funds
- securitiesTradeable financial assets
- stocksOwnership stakes or inventory
bonds · portfolio · equity · shares · divestiture · monetization · realization · disposal · selling off · cashing out
distribution
Allocation across recipients
- payoutMoney distributed to recipient
- dividendCorporate profit share
- disbursementDistribution of funds
proceeds · payment · pro rata · claimant · waterfall · residual
- Famous Failuresflop, bomb, dud, turkey, lemon
- shoppingbuying, shopping cart, shop, purchases, sale
- business termsfranchising, revenue stream, board meeting, gross margin, markdown
- debtdebt, creditor, owe, debtor, lender
- availabilityavailable, unavailable, sold out, in stock, out of stock
- closeout salescloseout, store closing, going out of business, everything must go, clearance sale
liquidationincorporation
Forming a legal entity
founding · establishment · formation · startup · launch
liquidationacquisition
Act of obtaining something
accumulation · consolidation · investment · purchasing · procurement
liquidationcontinuation
Act of proceeding further
perpetuation · survival · preservation · solvency · going concern
- liquidation saleInventory disposal before closing
- estate liquidationSelling deceased's property
- liquidation storeRetailer selling discontinued merchandise