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Liquidator

• Person appointed by unsecured creditors in the United Kingdom to oversee the sale of an insolvent firm's assets and the repayment of its debts.

 
 Embedded terms in definition
 Assets
Insolvent
Its
Sale
Secured creditors
Unsecured

<< Liquidation value per share Liquidity >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

One of the strongest characteristics of genius is the power of lighting its own fire. John W. Foster

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