单词 | LIQUIDATION |
释义 | The act or process of settling or making clear, fixed, and determinate that which before was uncertain or unascertained. As applied to a company, (or sometimes to the affairs of an individual,) liquidation is used in a broad sense as equivalent to “winding up;” that is, the comprehensive process of settling accounts, ascertaining and adjusting debts, collecting assets, and paying off claims. |
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