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noun

liquidation

termination of a business operation by using its assets to discharge its liabilities

In a sentence

Six example sentences with liquidation, each labelled with its topic.

  • The liquidation returned eleven cents on the dollar to bondholders, who had expected far more from the warehouse sale.

    Finance

  • After the liquidation the chain's ovens, vans and signage were auctioned in a single morning to pay outstanding suppliers.

    Business

  • The railway's liquidation in 1893 put its locomotives under the hammer and left three towns without any service.

    History

  • The judge approved the liquidation, appointing a trustee to sell the machinery and pay the creditors in order.

    Law

  • The startup's liquidation raised barely enough to cover the last payroll, and the investors received nothing at all.

    Startups

  • A wave of liquidation across the region's mills flooded the market with cheap looms and depressed prices for years.

    Economics

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