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| Definitions by InvestorWords.com |
| What is...? |
| liquidate To convert to cash. Also, to sell all of a company's assets, pay outstanding debts, and distribute the remainder to shareholders, and then go out of business. Also, a broker's sale of his/her customer's securities after the customer failed to meet a margin call. see also finite-life REIT, going concern, risk disclosure document, absolute priority rule, bankruptcy, Chapter 7, senior, receivership. |
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