Liquidator
noun
A person appointed to manage a company's affairs when it is being liquidated.
The liquidator was appointed to oversee the sale of the bankrupt company's assets.
Often appears as...
- appointed liquidator
- company liquidator
Usage tips
Formal
Academic
noun
A person or machine that gets rid of or kills something, especially pests.
Professional liquidators were hired to get rid of the termite infestation in the office building.
Often appears as...
- pest liquidator
- professional liquidator
noun
In the context of the Chernobyl disaster, a liquidator is a person who was involved in recovery activities, such as cleanup and containment.
Thousands of Chernobyl liquidators risked their lives to clean up the nuclear disaster area.
Often appears as...
- chernobyl liquidator
- radiation liquidator
Usage tips
Academic
noun
A person appointed to manage a company's affairs when it is being liquidated.
The liquidator was appointed to oversee the sale of the bankrupt company's assets.
Often appears as...
- appointed liquidator
- company liquidator
Usage tips
Formal
Academic
noun
A person or machine that gets rid of or kills something, especially pests.
Professional liquidators were hired to get rid of the termite infestation in the office building.
Often appears as...
- pest liquidator
- professional liquidator
noun
In the context of the Chernobyl disaster, a liquidator is a person who was involved in recovery activities, such as cleanup and containment.
Thousands of Chernobyl liquidators risked their lives to clean up the nuclear disaster area.
Often appears as...
- chernobyl liquidator
- radiation liquidator
Usage tips
Academic
Definition 1 of 3
Pro Tip 1/3Company Closure
Used when a business is closing down permanently and needs to handle its finances and assets lawfully.
The shareholders voted for a liquidator to finalize the company's closure.
Pro Tip 2/3Financial Responsibility
Signifies someone trusted with the serious task of distributing a failing company's remaining money.
A liquidator must be fair in allocating funds to the company's creditors.
Pro Tip 3/3Legal Authority
Indicates a person with legally granted power to dissolve a corporation or business.
By law, only the appointed liquidator can sell the company's patents.
Compare with
administrateexecutorreceivertrustee
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Video examples
Where do your online...
Retailers are scrambling to recover their losses. They try to place that returned item online to be sold again, or they'll sell it to a discount partner or a liquidator. Basically, if companies cannot find a place for this item
Video examples
Where do your online...
Retailers are scrambling to recover their losses. They try to place that returned item online to be sold again, or they'll sell it to a discount partner or a liquidator. Basically, if companies cannot find a place for this item
Example 1 of 1
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