Liquidation
131direct liquidation — UK US noun [U] FINANCE ► a situation in which assets of a bankrupt company are sold directly rather than through another organization: »We are interested in finding vendors interested in bidding on technology auctions and direct liquidation sales …
132involuntary liquidation — UK US noun [U] LAW ► a situation in which a company is forced by a court of law to stop doing business because it owes money and cannot pay its debts: »Involuntary liquidation happens mainly at the initiation of any member of the company …
