TO GO INTO LIQUIDATION

Definition: TO GO INTO LIQUIDATION

TO GO INTO LIQUIDATION

1. (Law), to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness may be authoritatively ascertained, and that the assets may be applied toward their discharge.

Source: Webster's Revised Unabridged Dictionary (1913)
 

Crosswords: TO GO INTO LIQUIDATION

Worker Rights

Turkey

Prosecutors may ask labor courts to order a trade union or confederation to suspend its activities or to go into liquidation for serious infractions, based on alleged violation of specific legal norms; however, the Government may not dissolve a union summarily. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

Hungarian

felszámolják (be liquidated), csődbe megy (to go bust, to turn out crabs), csődbe jut (to become bankrupt, to go smash). (various references)

Pig Latin

otay ogay intoay iquidationlay

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