0 one of the people in charge of closing a company
1 an official person or organization that is given the job of closing a company, by selling its assets so that its debts can be paid:
We are only concerned as guarantors and not as liquidators or givers out of contracts.
The remuneration payable to the liquidators is a matter for the liquidation committee, the creditors generally or the court.
Perversely, by trying to manage the property themselves, the liquidators are diminishing the asset that they are supposed to be liquidating.
There is a tremendous backlog of invoices which have not been checked because the liquidator and others concerned have insufficient staff.
The liquidators are actively pursuing all legal avenues for the recovery of stolen assets.
The assets were acquired from the liquidators, who were responsible for their proper disposal.
Such recoveries amounted to £1,475 all of which was paid over to the liquidators.
The liquidator may not want to accept responsibility for running the power station.
