liquidator

[US]/'lɪkwɪdeɪtə/
[UK]/'lɪkwɪ'detɚ/
Frequency: Very High

Translation

n. liquidator (one who oversees and carries out the process of settling the debts of a company)

Example Sentences

The liquidator is responsible for winding up the company's affairs.

The court appointed a liquidator to oversee the company's liquidation process.

The liquidator will distribute the company's assets to its creditors.

The liquidator must act in the best interests of the company's creditors.

The liquidator is required to submit a final report to the court.

The liquidator's role is to realize the company's assets and pay off its debts.

Creditors may challenge the actions of the liquidator in court.

The liquidator has the authority to sell off the company's assets.

The liquidator will investigate the company's financial records.

The liquidator's fees are paid from the proceeds of the liquidation.

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