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: --
They are assumed to be able to secure both the investment of an entrepreneur and the liquidation value in case of default.
This value may be zero in cases where the marginal liquidation value is zero and/or other inter-temporal effects are absent.
In particular, livestock liquidation is the dominant strategy to cope with health shocks, followed by mutual insurance.
Some parts of the federal antiquities service are confronted with dramatic cuts in funding or even liquidation.
If the cash reserves fall below 1 % of total pension fund assets, the fund is subject to liquidation.
In the same year, sawmill employers also sought and achieved, against many workers' misgivings, a partial liquidation of in-kind company benefits.
This freedom includes the right to break up firms before divestiture and\or to propose liquidation rather than sale.
Initially founded in response to a crisis, the company was scheduled for liquidation in 1999.
