| 释义 |
voluntary liquidation
TranslationsLegalSeewinding upVoluntary liquidation
Voluntary liquidationLiquidation proceedings that are supported by a company's shareholders.Voluntary LiquidationThe decision by shareholders in a publicly-traded company to cease operations, sell all assets, and use the proceeds to repay its creditors as far as possible. A voluntary liquidation differs from a bankruptcy, where the company files with a court without taking a vote of shareholders. |