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Liquidated Form
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People also ask
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What does it mean when someone is liquidated?
If someone in a position of power liquidates people who are causing problems, they get rid of them, usually by killing them. They have not hesitated in the past to liquidate their rivals. [ VERB noun] Synonyms: kill, murder, remove, destroy More Synonyms of liquidate.
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What happens if you are liquidated?
Once a company goes into liquidation, the powers of directors cease, and the liquidator takes over the company's representation. Assets of the company cannot be sold or transferred without the permission of the liquidator, and all company cash must be transferred to an estate bank account managed by the liquidator.
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What do you mean by liquidation?
Liquidation is the process of selling off assets to repay creditors and dissolve a business. An example of liquidation would be a company selling off its inventory, property, and other assets in order to pay its creditors and close its doors.
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Does liquidated mean closed?
Liquidation means that the business ceases to operate (generally as a result of financial problems). If your business has assets, liabilities or both, then you may have to follow the liquidation route.
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What is a liquidated loan?
Liquidated Loan . A Loan as to which the Servicer has determined in ance with its customary servicing practices that all amounts which it expects to recover from or on account of such Loan, whether from Insurance Proceeds, Liquidation Proceeds or otherwise, have been recovered.
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What does it mean to be liquidated?
What Is Liquidating? The term “liquidate” means converting property or assets into cash or cash equivalents by selling them on the open market. Liquidation similarly refers to the process of bringing a business to an end and distributing its assets to claimants. Liquidation of assets may be either voluntary or forced.
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What does it mean when someone goes into liquidation?
Liquidation is the process of closing a business and distributing its assets to claimants. The sale of assets is used to pay creditors and shareholders in the order of priority. Liquidation is also used to refer to the act of exiting a securities position, usually by selling the position for cash.
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What does liquidate mean in simple terms?
To liquidate is to convert stocks or goods into cash by selling them, to finish business neatly, and to clear debts. If you liquidate your old baseball card collection, you will have money to put in your college fund. Definitions of liquidate. verb. eliminate by paying off (debts)
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