involuntary liquidation

involuntary liquidation
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Burton's Legal Thesaurus. . 2006

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  • involuntary 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 …   Financial and business terms

  • Involuntary liquidation preference — A premium that must be paid to preferred or preference stockholders if the issuer of the stock is forced into involuntary liquidation. The New York Times Financial Glossary …   Financial and business terms

  • involuntary liquidation preference — A premium that must be paid to preferred or preference stockholders if the issuer of the stock is forced into involuntary liquidation. Bloomberg Financial Dictionary …   Financial and business terms

  • involuntary liquidation — dismantling of a company according to the request of the creditor …   English contemporary dictionary

  • liquidation — Occurs when a firm s business is terminated. assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a long or short position. Related: buy in, evening up …   Financial and business terms

  • Liquidation — When a firm s business is terminated, assets are sold, proceeds pay creditors and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a Long or short position. Related: buy in, evening up, offsetliquidity.… …   Financial and business terms

  • involuntary bankruptcy — n: bankruptcy declared upon petition of creditors see also bankruptcy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. involuntary bankruptcy …   Law dictionary

  • involuntary petition — USA A bankruptcy petition filed by creditors, usually to force a debtor to enter a liquidation proceeding under Chapter 7. The debtor can contest the petition and can choose to convert it into a case under Chapter 11. When a debtor contests an… …   Law dictionary

  • voluntary liquidation — liquidation proceedings that are supported by a company s shareholders. Bloomberg Financial Dictionary Usually relates to an insolvent company and is started by a resolution of its shareholders. HM Customs & Revenue Glossary * * * voluntary… …   Financial and business terms

  • compulsory liquidation — ➔ liquidation * * * compulsory liquidation UK US noun [C or U] (also forced liquidation) ► LAW a situation in which a company must stop operating and sell all its assets in order to pay its debts: force/place/put into compulsory liquidation » The …   Financial and business terms

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