liquidation
noun[CorU]
uk/ˌlɪk.wəˈdeɪ.ʃən/us/ˌlɪk.wəˈdeɪ.ʃən/theprocessofclosingabusiness, so thatitsassetscan besoldtopayitsdebts, or aninstanceof this:
清算,清盘After threeyearsofheavylossesthecompanywent intoliquidation withdebtstotalling£100 million.经过三年的严重亏损,该公司进入清盘,债务总额达到1亿英镑。
Theconstructionindustryisnotedforitshighrateof liquidations.建筑业以其高清盘率而闻名。
See
liquidate
to stop operating permanently
- close downWith sales down, the company closed one factory down and reduced the workforce at another.
- closeMany of the shops in the High Street have closed recently.
- shut downThe bookshop is shutting down after 25 years of business.
- shutUKSeveral of the bank's local branches are shutting.
- shut up shopUKThe seaside businesses all shut up shop during the winter.
- go/put out of businessMy favourite ice cream shop went out of business last summer.
- Theairlineisfacingpossibleliquidation.
- Thecompanywent into liquidation,owingsubstantialamountstocreditors.
- We haveseenanincreasingrateof bothbankruptciesand liquidations.
Success & failure in business
- administration
- axe
- bankrupt
- bankruptcy
- be running on fumesidiom
- belly
- dying
- fold
- go darkidiom
- go to the wallidiom
- growth hacker
- growth hacking
- have a corner on a marketidiom
- receiver
- spin
- spinsomethingoff
- start (something) up
- subscale
- turn around
- turn round
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Borrowing & lending