Bankruptcy Procedures

1 words in this vocabulary list

noun a person or entity responsible for winding up the affairs of a company or firm, especially in bankruptcy

  • The liquidator was appointed to wind up the company's affairs and distribute its assets.
  • The liquidator is the person in charge of selling off the company's stuff.
  • The liquidator is the one who's gonna make sure everything gets sold off.
  • In the game of business, the liquidator is like the Grim Reaper, coming to close the chapter on a failed venture.