oboloo Glossary

Liquidating

oboloo Glossary

Liquidating

Liquidating Definition

A liquidating definition is a business arrangement in which the assets of a company are sold off and the proceeds are distributed to the shareholders. This can be done for a variety of reasons, such as when a company is insolvent or when its shareholders want to cash out. Liquidating definitions can also be used as a way to avoid taxes on gains from the sale of assets.

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