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liquidation
(redirected from Compulsory liquidation)

   Also found in: Legal, Financial, Wikipedia 0.06 sec.

liquidation

In economics, the winding up of a company by converting all its assets into money to pay off its liabilities.


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The Service administers the insolvency regime investigating all compulsory liquidations and individual insolvencies (bankruptcies) through the official receiver, to establish why they became insolvent.
Application submitted for Commencement of Compulsory Liquidation Proceedings by Yamaichi Tochi Kabushiki Kaisha and Sanryou Estate Kabushiki Kaisha; Eventual Possibility of Credit Losses Mitsubishi Tokyo Financial Group, Inc.
 
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