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What is liquidators?

Updated: 9/8/2022
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9y ago

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The liquidator's final account shows the succession's net assets or deficit.

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Jessika Herman

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1y ago
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Brady Pfannerstill

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1y ago

separation of immicible solvent

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13y ago

1. The state of being liquid.

2. The quality of being readily convertible into cash: an investment with high liquidity.

3. Available cash or the capacity to obtain it on demand: a bank that is increasing its liquidity by shortening the average term of its loans.

Liquidity, as a term, in the world of Investment and Finance, refers to a feature of any stock or shares, which are 1)widely available via recognised stock exchanges and 2)there is a willingness among people to buy and sell them. Thus, though such stocks and shares do not constitute money in technical terms, but yet, the velocity of their their buying and selling guarantees money that quickly.

4. The ability to convert an asset to cash quickly

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11y ago

Liquidation is the conversion of hard assets (land, buildings, equipment) into liquid assets (money). Basically, it means selling stuff. Usually you need to liquidate in order to obtain cash to cover debt obligations which are due and insistent.

A person can liquidate his assets voluntarily to avoid bankruptcy or default, but if he fails to do so, a liquidator can be appointed (by the court or in some cases by the creditors) in order to sell the assets so that these can be distributed to creditors.

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14y ago

Liquid is a form of matter in which the molecules are packed close together but not fixed in place. If you put a stone (solid) into a pitcher, the stone keeps its shape. If you pour water (liquid) into the pitcher, the water spreads out and takes the shape of the pitcher.

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14y ago

Its not a word!! unless your referring to liquidable assets

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