liquidate meaning in business - Search
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    Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. It is usually done when a company is insolvent, meaning it cannot pay its obligations when they are due. Liquidation involves selling off all of the assets on a company's balance sheet to pay off debts and obligations in order to dissolve the company. When a company is liquidated, it essentially dissolves and can no longer continue operations.
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