0 the process of closing a business, so that its assets can be sold to pay its debts, or an instance of this:
1 a situation in which a company stops operating and sells all its assets in order to pay its debts:
2 a situation in which an asset is sold in order to get cash:
The company went into liquidation, owing substantial amounts to creditors.
We have seen an increasing rate of both bankruptcies and liquidations.
That is, the return from holding assets in the form of trees is greater than the current value of partial liquidation.
If the interest rate at the discount window is high enough, however, liquidation is less costly and the discount window will be inactive.
As demand contracted, some mills adopted shorttime or closed down temporarily, and a few went into liquidation.
In particular, livestock liquidation was the dominant strategy to cope with health shocks, followed by mutual insurance.
Responsibility for the liquidation of government assets, a clear example of such activity, has been lodged to cabinet departments, independent commissions or government corporations.
