noun a person or entity responsible for winding up the affairs of a company or firm, especially in bankruptcy
In legal contexts, a liquidator is an individual appointed to oversee the liquidation of assets in a company or organization.
A liquidator is a person or entity responsible for winding up the affairs of a company, typically in the case of insolvency or bankruptcy.
Liquidators are often involved in the sale of assets, settling debts, and distributing funds to creditors during the dissolution of a business.
In accounting, a liquidator is responsible for valuing and selling off assets to pay off debts and liabilities of a company in liquidation.
A liquidator may be hired by a company to wind up its affairs and distribute assets to creditors.
A liquidator may be appointed by a court to oversee the liquidation of a company or individual's assets.
A liquidator may be consulted to help with the valuation and sale of assets during bankruptcy proceedings.