liquidization Definition
the process of winding up a company's affairs and distributing its assets to shareholders.
Using liquidization: Examples
Take a moment to familiarize yourself with how "liquidization" can be used in various situations through the following examples!
Example
The company went into liquidation last year.
Example
The liquidation of the business was completed within six months.
Example
The creditors will be paid from the proceeds of the liquidation.
liquidization Synonyms and Antonyms
Synonyms for liquidization
Summary: liquidization in Brief
'Liquidization' [ˌlɪkwɪdaɪˈzeɪʃən] is the process of closing down a company and distributing its assets to shareholders. It is often used when a company is unable to pay its debts or is no longer profitable. Examples of usage include 'The company went into liquidation last year' and 'The creditors will be paid from the proceeds of the liquidation.'
