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Because it is unsuccessful or unprofitable and the assets there would be put to better use elsewhere.
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∙ 15y ago
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What if your company needs to liquidate its existing stock This means their merchandise needs to be?
Your company needs to liquidate its existing stock. This means their merchandise needs to be?
What if your company needs to liquidate its existing stock means?
sold off
Can you use dismantle in a sentence?
When the company went into bankruptcy, they had to dismantle their factories and liquidate their assets.
Did Andrew Mellon say to Herbert Hoover Here's a dime call both of them?
Treasury Secretary Andrew Mellon told Herbert Hoover in 1931: Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. Purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.
How do you liquidate a company before filing bankruptcy?
You should liquidate the company after filing bankruptcy. If you do it prior to filing, it might be seen as an attempt to commit fraud and not pay off debtors. You would be safer to file and then follow the directions necessary. Consult an attorney in your area before making any big moves!
What does it mean to liquidate something?
To liquidate is to turn something into cash or money. In financial terms liquidating assets refers to the sale of stocks or shares for cash. Many companies have liquidation sales, where the company wishes to turn all their stock at hand and tangible assets into cash.
What are example sentences of the word liquidate?
Don't put all your money in real estate, you need something you can liquidate quickly.
How do you spell liquidate?
The word is spelled liquidate, just as you spelled it.
What does it mean to liquidate your stocks?
When you liquidate you stocks, it simply means that you are selling all of them. The term liquidate can also be applied to businesses. When a business liquidates, they are in the process of selling everything that is under its ownership.
What is the past tense of liquidate?
Liquidated.
If I want to liquidate my share of single family home?
You can try to sell your share of the family home to one of the other owners in you want to liquidate.
How can you use liquidated in a sentence?
verb (used with object)1.to settle or pay (a debt): to liquidate a claim.2.to reduce (accounts) to order; determine the amount of(indebtedness or damages).3.to convert (inventory, securities, or other assets) into cash.4.to get rid of, especially by killing: to liquidate the enemies ofthe regime.5.to break up or do away with: to liquidate a partnership.
