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  • 22-06-2021
  • Law
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What is meant by liquidation

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Аноним Аноним
  • 22-06-2021

Answer: Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. It is an event that usually occurs when a company is insolvent, meaning it cannot pay its obligations when they are due.

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