Liquidation Meaning in English
word
释义
The process of bringing a business to an end and selling its assets to pay off debts, or turning assets into cash. Sometimes used more generally for the act of eliminating something.
用法与细微差别
Mainly used in business, law, and finance for shutting down companies and selling assets. Common collocations: 'forced liquidation', 'order of liquidation', 'go into liquidation'. Can also refer metaphorically to eliminating something (rare). Formal term; not for informal conversation.
例句
The company announced its liquidation last week.
basic
After liquidation, all assets were sold to pay creditors.
basic
They are facing liquidation because of financial problems.
basic
The store is having a liquidation sale before closing for good.
natural
Bankruptcy often leads to liquidation of a company’s assets.
natural
When the restaurant went into liquidation, all the staff lost their jobs.
natural