Create Free Account
By creating account you will get access to Hotstocks & personalised emails
or signup using
Already have a account? Login here.
In economics and finance, liquidation is the procedure of taking a business to the end point and delivering the assets of business to claimants. It is an event that generally happens when a firm is insolvent, that is, not able to pay its due obligations.
Liquidation can also be defined as the process of selling off inventory, typically at high discounts.