"Winding-up" redirects here. For cognate expressions, see Wind-up.
For other uses, see Liquidation (disambiguation).
For the process of a solid becoming a liquid, see liquefaction.
The examples and perspective in this article deal primarily with the United Kingdom and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate.(November 2018) (Learn how and when to remove this message)
Insolvency
Processes
Administration
Bankruptcy
Chapter 7 (US)
CVA
Conservatorship
Dissolution
Examinership
IVA
Liquidation
Provisional liquidation
Receivership
Officials
Insolvency practitioner
Tribunal
Regulatory agency
Liquidator
Referee in Bankruptcy
Trustee in bankruptcy
Claimants
Creditor
Preferential creditor
Secured creditor
Unsecured creditor
Restructuring
Administration (UK)
Chapter 11 (US)
Cram down
Restructuring
Scheme of arrangement
Avoidance regimes
Fraudulent conveyance
Undervalue transaction
Unfair preference
Voidable floating charge
Offences
Fraudulent trading
Misfeasance
Trading while insolvent
Wrongful trading
Security
Floating charge
Lien
Mortgage
Second lien loan
Security interest
International
Chapter 15 (US)
Cross-border insolvency
Insolvency Regulation
UNCITRAL Model Law
By country
Anguilla
Australia
BVI
Canada
Cayman
China
Hong Kong
India
Ireland
Russia
South Africa
Switzerland
United Kingdom
United States
Other
Anti-deprivation rule
Bankruptcy alternatives
Creditors' rights
Chapter 9 (US)
Debtor
Default
Financial distress
History of bankruptcy law
List of bankrupts
Pari passu
Pre-packaged insolvency
Sovereign default
Subordination
v
t
e
Part of a series on
Accounting
Historical cost
Constant purchasing power
Management
Tax
Major types
Audit
Budget
Cost
Forensic
Financial
Fund
Governmental
Management
Social
Tax
Key concepts
Accounting period
Accrual
Constant purchasing power
Economic entity
Fair value
Going concern
Historical cost
Matching principle
Materiality
Revenue recognition
Unit of account
Selected accounts
Assets
Cash
Cost of goods sold
Depreciation / Amortization (business)
Equity
Expenses
Goodwill
Liabilities
Profit
Revenue
Accounting standards
Generally-accepted principles
Generally-accepted auditing standards
Convergence
International Financial Reporting Standards
International Standards on Auditing
Management Accounting Principles
Financial statements
Annual report
Balance sheet
Cash-flow
Equity
Income
Management discussion
Notes to the financial statements
Bookkeeping
Bank reconciliation
Debits and credits
Double-entry system
FIFO and LIFO
Journal
Ledger / General ledger
Trial balance
Auditing
Financial
Internal
Firms
Report
Sarbanes–Oxley Act
People and organizations
Accountants
Accounting organizations
Luca Pacioli
Development
History
Research
Positive accounting
Sarbanes–Oxley Act
Misconduct
Creative
Earnings management
Error account
Hollywood
Off-balance-sheet
Two sets of books
v
t
e
Part of a series on
Economics
History
Outline
Index
Branches and classifications
Applied
Econometrics
Heterodox
International
Micro / Macro
Mainstream
Mathematical
Methodology
Political
JEL classification codes
Concepts, theory and techniques
Economic systems
Economic growth
Market
National accounting
Experimental economics
Computational economics
Game theory
Operations research
Middle income trap
Industrial complex
By application
Agricultural
Behavioral
Business
Cultural
Demographic
Development
Digitization
Ecological
Education
Engineering
Environmental
Evolutionary
Expeditionary
Feminist
Financial
Geographical
Happiness
Health
Historical
Humanistic
Industrial organization
Information
Institutional
Knowledge
Labour
Law
Managerial
Monetary
Natural resource
Organizational
Participation
Personnel
Planning
Policy
Public
Public choice / Social choice theory
Regional
Rural
Service
Socio
Sociological
Solidarity
Statistics
Urban
Welfare
Notable economists
de Mandeville
Quesnay
Smith
Malthus
Say
Ricardo
von Thünen
List
Bastiat
Cournot
Mill
Gossen
Marx
Walras
Jevons
George
Menger
Marshall
Edgeworth
Clark
Pareto
von Böhm-Bawerk
von Wieser
Veblen
Fisher
Pigou
Heckscher
von Mises
Schumpeter
Keynes
Knight
Polanyi
Frisch
Sraffa
Myrdal
Hayek
Kalecki
Röpke
Kuznets
Tinbergen
Robinson
von Neumann
Hicks
Lange
Leontief
Galbraith
Koopmans
Schumacher
Friedman
Samuelson
Simon
Buchanan
Arrow
Baumol
Solow
Rothbard
Greenspan
Sowell
Becker
Ostrom
Sen
Lucas
Stiglitz
Thaler
Hoppe
Krugman
Piketty
more
Lists
Glossary
Economists
Publications (journals)
Schools
Business portal
Money portal
v
t
e
Liquidation is the process in accounting by which a company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as wound-up or dissolved, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry.[1]
Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation or receivership following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes a court can mandate the appointment of a liquidator e.g. wind-up order in Australia) or voluntary (sometimes referred to as a shareholders' liquidation or members' liquidation, although some voluntary liquidations are controlled by the creditors).
The term "liquidation" is also sometimes used informally to describe a company seeking to divest of some of its assets. For instance, a retail chain may wish to close some of its stores. For efficiency's sake, it will often sell these at a discount to a company specializing in real estate liquidation instead of becoming involved in an area it may lack sufficient expertise in to operate with maximum profitability. A company may also operate in a "receivership-like" state but calmly sell its assets, for example to prevent its portfolio being written off in the event of an actual compulsory liquidation.
Liquidation is the process in accounting by which a company is brought to an end. The assets and property of the business are redistributed. When a firm...
In Leninist theory, liquidationism (Russian: Ликвидаторство) is the ideological abandonment (liquidation) of the vanguard party's program, either in whole...
Shop LC, formerly known as Liquidation Channel and The Jewelry Channel, is an American cable television network based in Austin, Texas, which mainly specializes...
manufacturers and other organizations. LW Stores, Inc. was known as Liquidation World, Inc. until 2010. The chain had stores in the Canadian provinces...
After a period of political and economic crisis in the 1980s, the constituent republics of the Socialist Federal Republic of Yugoslavia split apart, but...
An estate liquidation is similar to an estate sale in that the main concern or goal is to liquidate the estate (home, garage, sheds and yard) with an...
the expropriations of farmland, the Soviet government announced the "liquidation of the kulaks as a class" on 27 December 1929, portraying kulaks as class...
Liquidation value is the likely price of an asset when it is allowed insufficient time to sell on the open market, thereby reducing its exposure to potential...
Provisional liquidation is a process which exists as part of the corporate insolvency laws of a number of common law jurisdictions whereby after the lodging...
company voluntary arrangement (CVA). The Rangers Football Club plc entered liquidation on 31 October 2012. The refusal of the CVA forced the administrators...
the future of Lehman, which included the possibility of an emergency liquidation of its assets. Lehman reported that it had been in talks with Bank of...
The fall of the Western Roman Empire, also called the fall of the Roman Empire or the fall of Rome, was the loss of central political control in the Western...
A liquidation preference is one of the primary economic terms of a venture finance investment in a private company. The term describes how various investors'...
Liquidation is the process by which companies are wound-up, bringing their life to an end. The liquidator is the person appointed to supervise and implement...
Nazi Germany, officially known as the German Reich and later the Greater German Reich, is a term used to describe the German state between 1933 and 1945...
Motors Liquidation Company (MLC), formerly General Motors Corporation, was the company left to settle past liability claims from Chapter 11 reorganization...
The liquidation of the Zaporozhian Host (Sich) in 1775 was the forcible destruction by Russian troops of the Cossack formation, the Nova (Pidpilnenska)...
most typically involving concealment of assets by a debtor to avoid liquidation in bankruptcy proceedings. It may include filing of false information...
Group LLC to handle the liquidation of all stores nationwide. Liquidation was completed on March 9, 2009. During the liquidation of all Circuit City stores...
Retrieved 2019-10-28. "Court approves final distribution" (PDF). September 23, 2014. "Termination of Primary Fund–In Liquidation" (PDF). November 4, 2015....
during the Grossaktion would have been difficult to compare even with the liquidation of the Ghetto in the spring of the next year during and after the Ghetto...
MacDuff & Co Ltd (in Liquidation) v Johannesburg Consolidated Investment Co Ltd is the leading case in South African contract law on the issue of fictional...
cryptocurrency crash. According to court liquidation papers, Davies and Zhu have not been cooperating in the liquidation process of Three Arrows Capital, and...
court approval, converted its Chapter 11 case to Chapter 7, and started liquidation sales. The company was sold in bankruptcy to a group of bidders, led...
against the assets of the debtor and avoid competing for a distribution on liquidation with the unsecured creditors. In most legal systems, secured creditors...