Liquidation: Canada Debt .ca defines Liquidation

Bankruptcy Term Liquidation

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Canada Debt has the definition to the bankruptcy and debt term Liquidation. Finding answers to terms such as Liquidation can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Liquidation in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Liquidation' is used as follows:

The act of converting assets to cash, especially in bankruptcy or in the dissolution of a business.