„Liquidation“
What does Liquidation stand for?
1. The act or process of settling or making clear, fixed and determined.
2. The winding up and settlement of a debt.
3. The winding up of the financial affairs of a business.
4. (USA) The final computation or ascertainment of the duties accruing on an entry.
Source:
Financial and BankingView all itemsKirchner, Leslie. “Dictionary of Banking Terms and Phrases.” Barron’s Educational Series, 6th Edition, 2012. Print.
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