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.

bankruptcy

insolvency

Inability to pay debts

default · foreclosure · administration · insolvent · bankrupt · assets · liabilities · trustee · court · judgment

dissolution

termination

Act of ending something

winding-up · closure · discontinuation · completion · conclusion · deregistration · striking off · company closure · voluntary · compulsory

clearance

sale

Exchange for payment

markdown · bargain · overstock · surplus · fire sale · blowout · warehouse · merchandise · stock · unload

killing

hit

Successful contact or strike

assassination · mob · contract killing · rubout · gangland · elimination · mafia · organized crime · underworld · ice

conversion

assets

Owned items of value

bonds · portfolio · equity · shares · divestiture · monetization · realization · disposal · selling off · cashing out

settlement

distribution

Allocation across recipients

proceeds · payment · pro rata · claimant · waterfall · residual

Categories
Opposites
business lifecycle

liquidationincorporation

Forming a legal entity

founding · establishment · formation · startup · launch

asset transformation

liquidationacquisition

Act of obtaining something

accumulation · consolidation · investment · purchasing · procurement

organizational continuity

liquidationcontinuation

Act of proceeding further

perpetuation · survival · preservation · solvency · going concern

Phrases
Family

liquidating, liquidations

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated PG