Word Meanings - LIQUIDATION - Book Publishers vocabulary database

The act or process of liquidating; the state of being liquidated. To go into liquidation , to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness be authoritatively ascertained, and that the

Additional info about word: LIQUIDATION

The act or process of liquidating; the state of being liquidated. To go into liquidation , to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness be authoritatively ascertained, and that the assets may be applied toward their discharge.

Possible synonyms: (Same meaning words of LIQUIDATION)

• Defrayment
• Payment
• quittance
• liquidation
• compensation
• discharge

Related words: (words related to LIQUIDATION)

• LIQUIDATION
  The act or process of liquidating; the state of being liquidated. To go into liquidation , to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness be authoritatively ascertained, and that the
• PAYMENT
  1. The act of paying, or giving compensation; the discharge of a debt or an obligation. No man envieth the payment of a debt. Bacon. 2. That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise;
• DISCHARGER
  One who, or that which, discharges. Specifically, in electricity, an instrument for discharging a Leyden jar, or electrical battery, by making a connection between the two surfaces; a discharging rod.
• DISCHARGE
  1. To relieve of a charge, load, or burden; to empty of a load or cargo; to unburden; to unload; as, to discharge a vessel. 2. To free of the missile with which anything is charged or loaded; to let go the charge of; as, to discharge
• DEFRAYMENT
  Payment of charges.
• QUITTANCE
  1. Discharge from a debt or an obligation; acquittance. Omittance is no quittance. Shak. 2. Recompense; return; repayment. Shak.
• COMPENSATION
  1. The act or principle of compensating. Emerson. 2. That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration;
• REPAYMENT
  1. The act of repaying; reimbursement. Jer. Taylor. 2. The money or other thing repaid.
• NONPAYMENT
  Neglect or failure to pay.
• RECOMPENSATION
  Used to denote a case where a set-off pleaded by the defendant is met by a set-off pleaded by the plaintiff. (more info) 1. Recompense.
• WORKMEN'S COMPENSATION ACT
  A statute fixing the compensation that a workman may recover from an employer in case of accident, esp. the British act of 6 Edw. VII. c. 58 giving to a workman, except in certain cases of "serious and willful misconduct," a right against his
• ACQUITTANCE
  1. The clearing off of debt or obligation; a release or discharge from debt or other liability. 2. A writing which is evidence of a discharge; a receipt in full, which bars a further demand. You can produce acquittances For such a sum, from special
• PREPAYMENT
  Payment in advance.
• RELIQUIDATION
  A second or renewed liquidation; a renewed adjustment. A. Hamilton.