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Liquidation   Listen
noun
Liquidation  n.  The act or process of liquidating; the state of being liquidated.
To go into liquidation (Law), to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness may be authoritatively ascertained, and that the assets may be applied toward their discharge.






Collaborative International Dictionary of English 0.48








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"Liquidation" Quotes from Famous Books



... proud flying angel, (who, if he were a good fellow, might just as well give a sly kick with his heel to the granite,) before time will be at an end, and the burden of flesh accomplished. But you hear it expressed in terms that will astonish Baron Rothschild, what is the progress in liquidation which we make for each particular century. A billion of centuries pays off a quantity equal to a pinch of snuff. Despair seizes a man in contemplating a single coupon, no bigger than a visiting card, of such a stock as this; ...
— Narrative And Miscellaneous Papers • Thomas De Quincey

... shall, in case of the dissolution or liquidation of on association, be liable for the contracted loan in equal proportions; which liability, so far as regards the still outstanding amount, attaches also to newly entering members. When a member leaves, his liability for the already contracted loan shall not cease. This liability for the debts ...
— Freeland - A Social Anticipation • Theodor Hertzka

... with, and which I have found it necessary to use like an English verb. In consequence of these salutations, there is more ceremony in court than business, though the king, ever having an eye to his treasury, continually finds some trifling fault, condemns the head of the culprit, takes his liquidation-present, if he has anything to pay, and thus keeps up ...
— The Discovery of the Source of the Nile • John Hanning Speke

... private fortune; he has not taken away with him his house and his lands, I suppose. They will look into the affair; they will make an investigation. I cannot make up my mind to believe him a common thief. The only trouble is the delay: a liquidation drags ...
— Doctor Pascal • Emile Zola

... which he would unload upon unsuspecting settlers. State banks had met these demands by liberal issues of notes which were imperfectly covered by their specie reserves. It needed only a sudden demand for liquidation ...
— Union and Democracy • Allen Johnson

... twelve lacs of pagodas per annum, (as voluntarily proposed by his Highness,) until those debts, with interest, shall be discharged; and shall also consent that the equitable provision lately made by the British legislature for the liquidation of those debts, and such resolutions and determinations as we shall hereafter make, under the authority of that provision for the liquidation and adjustment of the said debts, bona fide incurred, shall be carried ...
— The Works of the Right Honourable Edmund Burke, Vol. III. (of 12) • Edmund Burke

... date, Mrs. Kinloch was the Widow Branning. Her husband's small estate had melted like a snow-bank in the liquidation of his debts. She had only one child, Hugh, to support; but in a country town there is generally little that a woman can do to earn a livelihood; and she might often have suffered from want, if the neighbors had not relieved her. If she left her house for any errand, (locks were but seldom used ...
— The Atlantic Monthly, Volume 2, Number 9, July, 1858 • Various

... be given to the lowest responsible bidder. No new county can be formed without the sanction of the majority of voters in all the counties of which the boundaries would be changed. Provision is made for the liquidation of the State debt; and no new debt can be created by the General Assembly except in case of war or insurrection, or to a limited amount to meet any temporary deficiency; and funds borrowed for these purposes can be used for no other. No special act ...
— Harper's New Monthly Magazine, Volume 2, No. 12, May, 1851. • Various



Words linked to "Liquidation" :   settlement, termination, murder, elimination, destruction, devastation, execution



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