liquidator (Meaning)
liquidator (n)
a criminal who commits homicide (who performs the unlawful premeditated killing of another human being)
(law) a person (usually appointed by a court of law) who liquidates assets or preserves them for the benefit of affected parties
liquidator (n.)
One who, or that which, liquidates.
An officer appointed to conduct the winding up of a company, to bring and defend actions and suits in its name, and to do all necessary acts on behalf of the company.
Synonyms & Antonyms of liquidator
No Synonyms and anytonyms found
liquidator Sentence Examples
- The liquidator was appointed to oversee the dissolution of the insolvent company and manage its assets.
- The liquidator's primary responsibility is to realize the maximum value from the company's assets and distribute it to creditors.
- The liquidator has extensive powers, including the authority to sell assets, recover debts, and wind up the company's affairs.
- The liquidator is an officer of the court and must act in the best interests of all stakeholders.
- The appointment of a liquidator can be a complex and lengthy process that involves legal proceedings.
- Liquidators must be licensed and regulated by the relevant authorities to ensure their competence and integrity.
- The liquidator's fees are typically determined by the court or as agreed upon with creditors.
- Creditors have the right to object to the appointment or actions of the liquidator.
- The liquidator is responsible for preparing a final report summarizing the liquidation process and distributing any remaining assets to shareholders.
- The role of the liquidator plays a crucial part in ensuring an orderly and fair winding-up of insolvent companies.
FAQs About the word liquidator
a criminal who commits homicide (who performs the unlawful premeditated killing of another human being), (law) a person (usually appointed by a court of law) wh
No synonyms found.
No antonyms found.
The liquidator was appointed to oversee the dissolution of the insolvent company and manage its assets.
The liquidator's primary responsibility is to realize the maximum value from the company's assets and distribute it to creditors.
The liquidator has extensive powers, including the authority to sell assets, recover debts, and wind up the company's affairs.
The liquidator is an officer of the court and must act in the best interests of all stakeholders.
