What does liquidating mean

Click on the thesaurus category heading under the button in an entry to see the synonyms and related words for that Blog A must for anyone with an interest in the changing face of language.A liquidator is appointed when a company is placed into liquidation.It liquidates its inventory and other assets by selling them off quickly, often for less money than the company originally paid for the items.

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From the day the directors agree to liquidate, it takes around 14 days to put a company into creditors’ voluntary liquidation.90% of the time, speakers of English use just 7,500 words in speech and writing.These words appear in red, and are graded with stars.The report includes details of what has been sold, for how much, how it has been paid and how much will be paid back to creditors.WInding down a business is a straightforward process.

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