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liquidation
Occurs when a firm's business is terminated. assets are sold, proceeds are used to 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. Bloomberg Financial Dictionary
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A condition that describes the depth of market orders. A liquid market is able to accept large orders to buy or sell a commodity, with little change to the current price; ease of entry into, and exit from, the market. Chicago Mercantile Exchange Glossary
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( interim payment) Euroclear Clearing and Settlement glossary
liquidating dividend / liquidation proceedings Euroclear Clearing and Settlement glossary
Distribution of cash, assets, or both. Debt may be paid in order of priority based on preferred claims to assets specified by the security. Security holders may be able to choose the form of liquidation distribution. Euroclear Clearing and Settlement glossary
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The process of ending the existence of a company. A company will go into liquidation if it is unable to pay its debts. In this situation the company's assets will be sold in order to pay off its debts. Financial Services Glossary
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When a company becomes insolvent, it may go into liquidation, wherein all its assets are sold and the proceeds are distributed among the debtors and shareholders, in that order. London Stock Exchange Glossary

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liquidation liq‧ui‧da‧tion [ˌlɪkwˈdeɪʆn] noun [countable, uncountable] FINANCE
1. the action of selling an investment:

• Manila's market dropped 26.08 points following a liquidation of foreign investments.

2. when a company stops operating because it is in financial difficulty and its assets are sold to pay its debts:

• Creditors have taken steps to force the studio into liquidation.

• No doubt more firms will go into liquidation because they took on too much debt.

comˌpulsory liquiˈdation also ˌforced liquiˈdation FINANCE
when a company in financial difficulty is forced to go into liquidation by the people and organizations to which it owes money:

• Any creditor may decide to lodge a court petition for compulsory liquidation.

ˌvoluntary liquiˈdation FINANCE
when a company in financial difficulty decides to go into liquidation, rather than being forced to by the people and organizations to which it owes money:

• Creditors have been asked to approve a voluntary liquidation plan for the group.

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   The sale of assets of a bankrupt company to pay creditors. Any remaining surplus is distributed to shareholders.

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liquidation UK US /ˌlɪkwɪˈdeɪʃən/ noun [C or U]
LAW, FINANCE a situation in which a company stops operating and sells all its assets in order to pay its debts: go into liquidation »

After three years of heavy losses the company went into liquidation with debts totalling £100 million.

put sth into liquidation »

They were forced to put the company into liquidation in June.

ACCOUNTING, FINANCE a situation in which an asset is sold in order to get cash: »

Analysts generally regard the liquidation of shares by corporate insiders as bad news.

See also COMPULSORY LIQUIDATION(Cf. ↑compulsory liquidation), FORCED LIQUIDATION(Cf. ↑forced liquidation), INVOLUNTARY LIQUIDATION(Cf. ↑involuntary liquidation), VOLUNTARY LIQUIDATION(Cf. ↑voluntary liquidation)

Financial and business terms. 2012.