👉 Liquidation is a process in which assets are sold or disposed of to satisfy the creditors' claims. This can occur when an enterprise goes bankrupt, and it's necessary to discharge its debts through the sale of assets.
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What is the definition of Liquidated? 🙋
👉 Liquidated is a legal concept in the field of property law, specifically in the context of real estate transactions. It refers to the amount that must be paid or exchanged for possession of an interest in property upon its transfer. In the case of real estate, liquidated amounts are typically specified as a condition precedent to the sale or transfer of property. These amounts are usually set by contract and serve as a guarantee that the seller will fulfill their obligations under the agreement. For example, if a buyer purchases
What is the definition of Liquidate? 🙋
👉 Liquidate in this context generally refers to the act of selling or disposing of a financial asset, such as stocks, bonds, or other securities. This transaction is typically done when the value of an investment has reached its maximum potential and it makes sense to sell the asset in order to generate profit. The term "liquidate" is used to describe this process in financial terms.
