liquidation in a sentence
n.
Definition
Liquidation is the process of selling a company's assets to pay off creditors, typically occurring when the company is unable to meet its financial obligations.
Sample Sentences
- The company announced its liquidation after struggling with financial difficulties for several years.
- During the liquidation process, all assets were sold off to repay creditors.
- Investors were apprehensive about the firm's impending liquidation, fearing they would lose their investments.
- Liquidation can often result in significant discounts for consumers looking to purchase goods.
- After the liquidation was complete, the once-thriving business was reduced to a mere memory.