LIQUIDATION


Meaning of LIQUIDATION in English

noun

COLLOCATIONS FROM OTHER ENTRIES

a company goes into liquidation (= is closed and sold in order to pay its debts )

COLLOCATIONS FROM CORPUS

■ ADJECTIVE

voluntary

One member asked for details of how my father had gone into voluntary liquidation .

They go into voluntary or compulsory liquidation .

It went into voluntary liquidation on 7 May.

Creditors may vote to accept or not to accept either the voluntary liquidation or liquidator.

■ VERB

go

In mid-1985 Berg went into liquidation with a deficit of some £15m.

The receiving company went into liquidation the following month.

Kent Opera goes into liquidation after Arts Council grant withdrawn.

Its wholesale arm has now gone into compulsory liquidation .

Land Travel has gone into liquidation .

Tancare has since gone into liquidation .

It is possible that before going into liquidation the buyer had paid part of the price to the seller.

Secondly, that liability to pay can only arise if the company goes into liquidation .

put

The company has been put into liquidation , and some of its assets have been sold off to a rival firm.

The firm has been put into liquidation by it's owners, who say they can't afford to pay redundancy money.

EXAMPLES FROM CORPUS

A director is not an employee of the company and is not entitled to preferential payment when the company goes into liquidation .

And so he overlooks liquidation of twenty million people in Soviet Union.

Boro have been involved in photo-finishes since the 1986 liquidation crisis, while Lawrence performed a permanent highwire act at Charlton Athletic.

But his group also faces the threat of liquidation proceedings over a A$150million disputed indemnity agreement.

It may, for example, involve liquidation fraud, where a company voluntarily goes into liquidation to avoid its responsibilities.

Neither wants to accept responsibility for the repairs needed since the previous contractor went into liquidation .

The liquidator therefore claimed for recovery of the deficit on liquidation .

The retailer said inventory liquidation sales will begin next week at the 86 stores, at sites across the country.

Longman DOCE5 Extras English vocabulary.      Дополнительный английский словарь Longman DOCE5.