English version

compulsory liquidation

From Longman Business Dictionarycompulsory liquidationcomˌpulsory liquiˈdation (also forced liquidation)FINANCE when a company in financial difficulty is forced to go into liquidation by the people and organizations to which it owes moneyAny creditor may decide to lodge a court petition for compulsory liquidation. liquidation
Pictures of the day
What are these?
Click on the pictures to check.