When a firm's business is terminated, assets are sold, proceeds pay creditors and any leftovers are distributed to shareholders . Any transaction that offsets or closes out a long or short position . Related: buy in , evening up , offset liquidity .
LIQUIDATION
Meaning of LIQUIDATION in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012