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.