dissolution

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ending (dissolving) of the legal existence of a corporation after the sale of its assets and the satisfaction of its preferred, secured, and unsecured creditors (in that order), and, finally, its owners.

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Termination of an agreement or contract.


Example: Contract dissolution may result from:

• performance

• court order

• agreement of parties

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noun

1. Excessive freedom; lack of restraint: dissoluteness, libertinism, license, licentiousness, profligacy. See restraint/unrestraint.
2. The act or fact of dying: death, decease, demise, extinction, passing, quietus, rest¹. Slang curtain (used in plural). See live/die.

n

Definition: death; destruction
Antonyms: beginning, commencement, construction, start

n

Definition: separation, rupture
Antonyms: combination, connection, solution, unification

The act of bringing about the end of a parliament, followed by the issuing of writs for the election of a new one. In many countries parliaments have fixed terms leading to predictable dissolution. Other constitutions allow governments the right to determine the length of a parliament and the timing of a dissolution. The United Kingdom, by contrast, has few rules concerning dissolution, a situation which continues to fuel active debate. Under the 1911 Parliament Act it is laid down that no parliament should last longer than five years. Formally, dissolution is by royal proclamation. In practice, few parliaments run the full term. Prime ministers frequently request a dissolution at a time when an election could be held to keep or increase the governing party's majority. The monarch complies, although the proper response to such a request in the context of a hung parliament is unclear. Alternatively, a prime minister may be forced to request a dissolution as a result of the government losing a vote of confidence in the House of Commons. Critics suggest that the power to dissolve is unfair to non-incumbents, and that fixed-term parliaments would be fairer. Alternatively, it is contested that fixed-term parliaments could saddle the country with weak minority or coalition governments as well as governments which have lost the confidence of the House of Commons and hence the capacity to take decisions on controversial issues. The flexibility in current practice allows for dissolutions which meet the need for effective governing majorities and changes in government.

— Jonathan Bradbury

This entry contains information applicable to United States law only.

Act or process of dissolving; termination; winding up. In this sense it is frequently used in the phrase dissolution of a partnership.

The dissolution of a contract is its rescission by the parties themselves or by a court that nullifies its binding force and reinstates each party to his or her original position prior to the contract.

The dissolution of a corporation is the termination of its existence as a legal entity. This might occur pursuant to a statute, the surrender or expiration of its charter, legal proceedings, or bankruptcy.

In domestic relations law, the term dissolution refers to the ending of a marriage through divorce.

The dissolution of a partnership is the end of the relationship that exists among the partners as a result of any partner discontinuing his or her involvement in the partnership, as distinguished from the winding up of the outstanding obligations of the business.

IN BRIEF: n. - The ending or falling apart of a kinship (between persons or countries); The ending of a meeting; Separating into component parts.

Tutor's tip: The "dissolution" (the breakup of a group) of the band caused "disillusion" (the state of being free from false or unrealistic ideas or illusions) in all the musicians.

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1. the process in which one substance is dissolved in another.
2. separation of a compound into its components by chemical action.
3. liquefaction.
4. death.

For a list of words related to dissolution, see:

• Physical Properties and Changes - dissolution: breaking up into separate parts
• Marriage and Divorce - dissolution: divorce
• Corporations and Business Practices - dissolution: dismantling of business, contract, or partnership

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  See crossword solutions for the clue Dissolution.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)

Dansk (Danish)
n. - opløsning, nedbrydning, forrådnelse, ophævelse, hjemsendelse, død, afslutning, lastefuldt levned

Nederlands (Dutch)
ontbinding, opheffing, dood, verdwijning, oplossing

Français (French)
n. - résiliation, dissolution, disparition, évaporation

Deutsch (German)
n. - Auflösung, Verfall, Lösung

Ελληνική (Greek)
n. - διάλυση, αποσύνθεση

Italiano (Italian)
dissoluzione, scioglimento, soluzione

Português (Portuguese)
n. - dissolução (f), decomposição (f)

Русский (Russian)
разматывание, разложение, растворение, роспуск

Español (Spanish)
n. - disolución, rescisión

Svenska (Swedish)
n. - upplösning, upphävande

中文（简体）(Chinese (Simplified))
分解, 解散, 溶解

中文（繁體）(Chinese (Traditional))
n. - 分解, 解散, 溶解

한국어 (Korean)
n. - 해체, 소멸

日本語 (Japanese)
n. - 消滅, 崩壊, 死滅, 分離, 分解, 溶解, 解散, 解消

العربيه (Arabic)
‏(الاسم) تذويب, ذوبان, فسخ شئ ( زواج مثلا), تصفيه نهائيه لشئ ( شركه مثلا)‏

עברית (Hebrew)
n. - ‮פירוד, פירוק, שקיעה, מוות, פיזור הפרלמנט‬

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