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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 >>

What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

Most people are more comfortable with old problems than with new solutions. - Anonymous

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