in liquidation
Frequency: 7.04.5 per million words
Describing the state of a company that is currently undergoing liquidation.
Categories:
Examples (10)
- The company is currently in liquidation after facing severe financial difficulties.
- All assets of the firm in liquidation are being sold off to repay creditors.
- The factory, which has been in liquidation for months, finally closed its doors last week.
- Investors received minimal returns from the business that went in liquidation.
- A company in liquidation must cease trading immediately.
- The administrators are managing the affairs of the bank in liquidation.
- Being in liquidation means the company's existence is coming to an end.
- Creditors are unlikely to recover much from the assets of the entity in liquidation.
- He used to work for a major construction company that is now in liquidation.
- The property market crash led many businesses to go in liquidation.