Receivers and the managers of companies in liquidation can get insurance packages to aid them in their hour of need. Such insurance usually provides automatic facilities to ease the managers' administration burden during the busy first few days.
Converting stock or other assets into cash.
When a company ends - through being unable to pay its debts, or if it ceases trading.
Process of breaking up and discontinuing a partnership, includes sale of assets, payment of creditors and distribution of remaining assets to the partners
Distribution of a company's assets to creditors prior to closing down.
termination of a company, where assets are turned into cash to pay off outstanding creditors. Another term for "winding up".
A process by which a bankrupt company is sold off as per the Liquidatorsâ€(tm) guidelines. The shareholders of the company may receive payment from the liquidation proceeds
a)Forced sale of a brokerage client's securities or commodities after failure to meet a margin call b) Selling all of a company's assets, pay outstanding debts, and distribute the remainder to shareholders, and then go out of business.
The act of closing down a business, including the sale of its assets.
A characteristic of a market where holders of long positions, sell (the same delivery month), and holders of short positions, buy (the same delivery month), and open interest declines.
This is the process of winding up a company by paying its creditors and distributing any money left among the members.
In commodities market parlance, selling long positions to counterbalance previous buying.
A process by which a company's business is terminated, its assets are sold to pay any creditors and the remaining funds are distributed to stockholders. Priority of debt claims becomes extremely important in liquidation because it is possible that all parties may not be fully satisfied in their demands.
The sale of all assets of an organization, the payment of all debt obligations and the distribution of any cash remaining after the payment of debts to the owners of the organization. Certain investments such as limited partnerships invested in assets which in themselves are highly illiquid, such as real estate, which significantly influences the timing of a liquidation and the proceeds received.
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.
The winding up of the affairs of a company, including sale of its assets, settlement of its liabilities (if possible) and payment of any remaining cash to shareholders. (See also Receivership).
When a company becomes insolvent, it may go into liquidation, wherein all its assets are sold and the proceeds are distributed among the debtors and shareholders, in that order.
The using up of a fund previously created; the conversion of holdings into cash.
When a debtor's property is liquidated, it is sold and the money raised goes to creditors.
The orderly selling of assets and payment of liabilities st in motion when an entity goes out of business.
The process of terminating and winding up the affairs of a company.
This is what happens as a result of a margin call. All positions are closed to prevent further loss. At margin call, the value of the account is not sufficient to sustain the position size. OANDA Margin Rules
The process of winding up the affairs of a corporation or firm for the purpose of paying its debts and disposing of its assets.
the selling off of all assets of a company prior to the complete cessation of operations. Corporations that choose to liquidate declare Chapter 7 bankruptcy. In a liquidation, the claims of secured and unsecured creditors, bondholders and preferred stockholders take precedence over common stockholders.
Process that brings a company's existence to an end after distributing its assets. A liquidator is the insolvency practitioner who winds up a company.
Payment of debt, cancellation of encumbrance, or conversion into cash.
The converting of securities or other property into cash.
Closing out, offsetting or flattening a long or short futures position. The closing out of a short position is often referred to as "covering the position."
termination of a business operation by using its assets to discharge its liabilities
a formal court administered sale of most or all of the assets usually in piecemeal fashion
a Wholesale Liquidators Distribution Company - Wide range of products and merchandises (clothes, jewelries, electronics, gifts, housewares, cosmetics, office furniture and etc
the process under Chapter 7 of collecting a debtor's nonexempt property, converting that property to cash, and distributing the cash to the various creditors; upon liquidation, the debtor hopes to obtain a discharge, which releases the debtor from any further personal liability for prebankruptcy debts.
Collecting assets, converting assets to money, paying debts, and distributing the surplus while in the process of closing a business.
The estimated value, net of liabilities, of a company based on the market value of its assets.
Insolvency of a company is referred to as liquidation. Similar to bankruptcy but with reference to a company not an individual.
The process where the assets of the company are realised, liabilities are met and the surplus (if any) is distributed.
The conversion of an asset to cash. In reality, a complex procedure whereby the assets of a corporation are sold and the net proceeds, after all expenses, are passed along to creditors, bondholders, and shareholders. Trade creditors are paid first, bondholders next, and finally, shareholders. Payments are made in accordance with the laws and contracts protecting each class of creditor.
The sale of assets to generate cash needed to meet financial obligations, transactions or investment opportunities.
The execution of an offsetting transaction to close an existing position.
the winding up of a Limited Company. This may be a Voluntary Liquidation in which case the Creditors are normally paid in full or a Creditors Liquidation when the company is insolvent.
The process by which a liquidator is appointed over the assets of a company and the assets of the company are realised to enable the liquidator to discharge its debts insofar as this can be done, and to distribute any surplus amongst the shareholders. Close
A process in the bankruptcy proceeding that takes the property and assets (with some exceptions) from the debtor, reduces the assets to cash and uses the proceeds to pay the creditors.
The process of sale of a debtor’s property and assets for cash to help repay creditors.
A formal legal process where the assets of a company or a firm are realised and used to settle its liabilities.
Often referred to as 'winding up' and it is the most common corporate insolvency procedure. A liquidator is appointed to realise the company's assets and the distribution proceeds in a prescribed order of priority. A liquidation signals the cessation of a company and its eventual removal from the companies register. It can occur following a receivership or administration.
The sale of a previously held long position, or the re-purchase of an earlier established short position. The former is also called long liquidation, while the latter is referred to as short covering.
Clearing a debt or transforming it into cash. In fact, it means closing a business.
the formal procedure for closing down a company or partnership including realisation and distribution of assets
The process of ending a company's existence. A company is obliged or chooses to go into liquidation when it can no longer pay its debts.
Winding up the affairs of a business, paying off creditors, and distributing the remaining assets of the business to its owners.
Occurs when a firm's business is terminated, assets are sold, proceeds pay creditors and any leftovers are distributed to shareholders. Or when an investor sells a portion of an investment.
The process that occurs in Chapter 7 cases and that requires a calculation in Chapters 11, 12 and 13, as each must pay out as much to creditors as would a chapter 7.
Closing out of a long position. It is also sometimes used to denote closing out of a short position, but this is more correctly referred to as covering or covering in.
The closing of futures positions.
A process by which a company's business is sold or its operations terminated and its assets are sold. The proceeds are used to pay creditors based on priority of debt claims and the remaining funds, if any, are distributed to stockholders.
A conversion of assets to cash in order to pay creditors all or a portion of the debt owed.
The legal process leading to the dissolution of a company or close corporation. A company or close corporation declared insolvent is said to be 'in liquidation'. A company or close corporation can, however, also be liquidated (wound-up) on grounds other than insolvency.
Transaction offsetting or closing out a long or short futures or options position.
The selling of all assets, tangible and intangible, normally in order to pay creditors and resolve debt.The selling of all assets, tangible and intangible, normally in order to pay creditors and resolve debt.
The orderly sale of assets and other properties for disbursement among creditors.
To close an open position throgh the execution of an offsetting transaction.
The winding-up of an organization by settling with debtors, creditors and shareholders. Usually done by selling or otherwise disposing of assets to pay off liabilities.
Selling the business's assets rather than the entire business as a going concern.
Simply means the process by which assets are converted into cash. For a company, it is the end of the line process to pay off debt or terminate the business all together.
Applies to companies or partnerships. It involves the realisation and distribution of the assets and usually the closing down of the business. There are 3 types of Liquidation: Compulsory, Creditors Voluntary and Members Voluntary.
It involves the realisation and distribution of the assets of a company or partnership. There are 3 types: compulsory, creditors voluntary and members voluntary.
The process of converting securities or other property into cash.
A transaction made in reducing or closing out a long or short position, but more often used by the trade to mean a reduction or closing out of a long position.
Procedure whereby creditors appoint an Insolvency Practitioner to wind up the affairs of a company and pay a dividend to the creditors.
The procedure whereby the assets of a company (or partnership) are gathered in and realised, the liabilities met and surplus, if any, distributed to members.
To sell all the assets of the company, pay the debts, give any reminder to shareholders and close the business.
The winding up of a company, which may either be compulsory or voluntary.
Any transaction that offsets or closes out a previously established position.
The process of closing down a company, selling its assets, paying off its creditors, and distributing any remaining cash to owners.
The act of converting assets to cash, especially in bankruptcy or in the dissolution of a business.
A term used interchangeably with offset. It means to close or offset an existing position in a cash-settled market.
With respect to insurers, when an insurer becomes insolvent and is not capable of rehabilitation, the state insurance department authorizes that insurer's remaining assets to be liquidated and converted to cash. The cash funds are administered to pay outstanding claims against the insurer by both insureds and other creditors.
The process of dissolving a corporation and selling off all its assets; usually this process is imposed on a corporation by a court.
The settling of financial affairs of a business or individual, usually by liquidating (turning to cash) all assets for distribution to creditors, heirs, etc. (Source: Black's Law Dictionary, Fifth Edition)
When a business/company is terminated or made bankrupt, all company assets are sold off and the proceeds go to pay the creditors. Any remaining money is distributed between the shareholders.
To settle the debts of a business or individual by selling the debtor's property, assets, and liabilities.
the dissolving of a business by converting assets into cash and paying off liabilities
Voluntary or involuntary closing out of a security position.
Any transaction that offsets or closes out a long or short futures or options on futures position. by processors or exporters as protection against an advance in the cash price.
A transaction that will offset or "close out" any open position that a customer may have.
The process of winding up (that is, closing down) a company that is insolvent. Equivalent to a declaration of bankruptcy by an individual.
The winding up of a business by converting its assets to cash and distributing the cash to the proper parties.
1. When a business or firm is terminated or bankrupt, its assets are sold and the proceeds pay creditors. Any leftovers are distributed to shareholders. 2. Any transaction that offsets or closes out a long or short position.
The process of selling all company assets for cash and using that cash to pay the company's debts; any funds remaining are distributed to the owners of the business. For an insurer's liquidation, an agent of a court either (1) transfers all of the financially-troubled insurer's business and assets to other insurers or (2) sells the financially-troubled insurer's assets and terminates the business. Contrast with rehabilitation. See also receivership.
Conversion of assets into cash.
A liquidation occurs when the assets of a division are sold off piecemeal, rather than as an operating entity.
When the company is in liquidation, the shareholder receives one or more payments from the liquidation proceeds
dismantling of a business, paying off debts in order of priority, and distributing the remaining assets in cash to the owners.
The process of ending the existence of a company. A company will go into liquidation if it is unable to pay its debts. In this situation the company's assets will be sold in order to pay off its debts.
Turning all of your assets into cash to pay your creditors.
The selling off of assets in order to satisfy creditors.
The sale of the assets of a portfolio company to one or more acquirors when venture capital investors receive some of the proceeds of the sale.
It is the act of selling some or all positions to reduce or close out a portfolio.
When a company is wound up and its assets distributed to its creditors.
The closing of an existing position through the execution of an offsetting transaction.
the formal breaking up of a company or partnership by realising (selling or transferring to pay a debt) the assets of the business. This usually happens when the business is insolvent but a solvent business can be liquidated if it no longer has any useful business to pursue or its owners no longer wish to work together.
The selling of all the assets of a debtor and the use of the cash proceeds of the sale to pay off creditors. Lis pendens Latin: a dispute or matter which is the subject of ongoing or pending litigation. Politicians will sometimes refuse to discuss a matter or an issue which is "lis pendens" because they do not want their comments to be perceived as an attempt to influence a court of law.
A sale of a debtor's property with the proceeds to be used for the benefit of creditors.
When a company or close corporation (CC) is insolvent, and it is in the interests of the creditors, a Liquidation Order may be placed against it. The affairs of the business are then wound up by converting assets into cash for distribution to creditors.
Liquidation is a process whereby a company has its assets realised and distributed to satisfy, insofar as it is able, its liabilities and to repay its shareholders. The term winding-up is also used. Liquidation is a terminal process and is followed by the dissolution of the company.
The process of realising the assets and quantifying the liabilities of a company which it is proposed to dissolve. The court, on petition, may order the provisional liquidation of a company, in which case it may be resuscitated. Otherwise the court will issue an order for voluntary or compulsory liquidation.
(1) Closing out a position. (2) An action taken by the margin department when a client hasn’t paid for a purchase.
The final sale or active sell-off of all of the assets of a business or company in connection with the termination of ongoing business operations and the conclusion of all outstanding affairs of the entity.
The process of clearing up financial affairs; to have a Company's assets and liabilities wound up; payment of a debt.
1) The process of converting securities into cash. 2) The sale of the assets of a company to one or more acquirers in order to pay off debts. In the event that a corporation is liquidated, the claims of secured and unsecured creditors and owners of bonds and preferred stock take precedence over the claims of those who own common stock.
Conversion of a debt or asset to cash through negotiated settlement or legal proceedings, as the liquidation of a mortgage debt through foreclosure and sale of the foreclosed property.
The process of dissolving a business by selling the assets, paying the debts, and distributing the remaining equity to the owners.
Process in which shareholders or owners surrender their shares or interests in a business, generally when a company ceases to be a going concern. Proceeds go to pay creditors, and any balance is then distributed to shareholders.
Process which brings a company's existence to an endafter distributing its assets. A liquidator is the insolvency practitionerwho winds up a company.
(1) The winding-up of a company. (2) In relation to ‘the liquidation of assets', ‘liquidation' simply means the sale of those assets.
The voluntary or involuntary closing out of security positions.
Any transaction that offsets or closes out a long or short position. - Massage Chairs - A device designed to provide some measure of relief from many types of back pain
The process by which a company dies. Under Part IV of the Insolvency Act 1986, there are three separate procedures - a member's voluntary winding up where a company is solvent, a creditors' voluntary winding up for insolvent companies and a compulsory winding up by the court. Once the process starts the company is administered by a liquidator who disposes of all assets, and distributes the proceeds to creditors and any remainder to shareholders. When the process is complete, the company is struck off the Companies Register and ceases to exist.
(1) Offsetting or closing out a futures position; (2) a market in which open interest is declining.
the dissolution of a company (or individual); usually operations cease and assets are sold by auction; Chapter 7 is usually employed for liquidations, business or personal.
The closing out of a securities position.
Enables the state insurance department as liquidator or its appointed deputy to wind up the insurance company's affairs by selling its assets and settling claims upon those assets. After receiving the liquidation order, the liquidator notifies insurance departments in other states and state guaranty funds of the liquidation proceedings. Such insurance company liquidations are not subject to the Federal Bankruptcy Code but to each state's liquidation statutes.
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, offset liquidity.
Winding up an activity by distributing its ASSETS to the appropriate parties and settling its DEBTS.
1: Upon a brokerage client's failure to meet a margin call, the closing of positions within the account. If the position is long, the security is sold. If the position is short, the security is bought. See: Buy In; Close A Position; Long Position; Margin; Margin Call; Sell Out Procedures; Short Position 2: The dissolution of a company in which its assets are sold to pay its debts. Any remaining cash is distributed to its shareholders. See: Asset; Debt; Junior Securities; Preferred Stock
Same as offset. Any transaction that offsets or closes out a long or short position.
Making a transaction that offsets or closes out a long futures position.
converting assets to cash, ie. when a company is wound up
Whereby a company winds up its operations by selling its assets, settling its liabilities and paying any remaining cash to shareholders.
conversion of a contract into cash
the formal breaking up of a company or partnership by realising, or selling or transferring to pay a debt, the assets of the business. This usually happens when the business is insolvent, but a solvent business can be liquidated if it no longer wishes to continue trading for whatever reason - see receivership.
The closing out of options positions.
The distribution of cash and/or stock to shareholders that occurs when a company sells all of its assets. The Dividend Department makes intermittent distributions. The Reorg Department makes final liquidations, and the shares are removed.
The process of closing out long or short positions by offsetting transactions. Also refers to the process of selling all assets of a bankrupt company to pay off first creditors and then shareholders.
The dissolving of a company by selling its assets for cash.
The process of converting property and securities into cash. When a company is dissolved or closed down, cash remaining after sale of its assets and payment of all indebtedness is distributed to the shareholders, beginning with the preferred shareholders and ending with the common shareholders.
An action taken by the broker or the trader to close out a trade position.
The sale debtor property to repay creditors. Used in bankruptcy to discharge debts.
The process whereby a company has its assets realised and distributed to satisy its liabilities and to repay its shareholders.
In law, liquidation refers to the process by which a company is brought to an end, and the assets and property of the company redistributed. Liquidation can also be referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation.