Liquidation

In finance, the term “liquidation” normally refers to the practice of converting an entity's assets into cash for the purpose of debt repayment following bankruptcy.

The term may also be used to describe the act of converting iliquid assets such as merchandise or alternative investments into liquid assets such as cash or securities for which there is a high market demand.

More on this topic:
Guide to depositor protection against bank insolvency
Swiss personal loan comparison
Swiss business loan comparison

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