See also:

• LIQUIDATION (i.e. making " liquid " or clear)

LIQUIDATION (i.e. making " liquid " or clear)  , in See also:

• LAW
• LAW (0. Eng. lagu, M. Eng. lawe; from an old Teutonic root lag, " lie," what lies fixed or evenly; cf. Lat. lex, Fr. loi)
• LAW, JOHN (1671—1729)
• LAW, WILLIAM (1686-1761)

law, the clearing off or settling of a See also:

• DEBT (Lat. debitum, a thing owed)

debt . The word was more especially used in See also:

• BANKRUPTCY (from Lat. bancus or Fr. banquet table or counter, and Lat. ruptus, broken)

bankruptcy law to define the method by which, under the Bankruptcy See also:

• ACT (Lat. actus, actum)

Act 1869, the affairs of an insolvent debtor were arranged and a See also:

• COMPOSITION
• COMPOSITION (Lat. compositio, from componere, to put together)

composition accepted by his creditors without actual bankruptcy . It was abolished by the Bankruptcy Act 1883 (see BANKRUPTCY) . In a See also:

• GENERAL
• GENERAL (Lat. generalis, of or relating to a genus, kind or class)

general sense, See also:

• LIQUIDATION (i.e. making " liquid " or clear)

liquidation is used for the act of adjusting debts, as the See also:

• EGYPTIAN

Egyptian Law of Liquidation, See also:

• JULY

July 1880, for a general See also:

• SETTLEMENT
• SETTLEMENT, ACT OF

settlement of the liabilities of See also:

• EGYPT

Egypt . In See also:

• COMPANY

company law, liquidation is the winding up and dissolving a company . The winding up may be either voluntary or compulsory, and an officer, termed a liquidator, is appointed, who takes into his custody all the See also:

• PROPERTY

property of the company and performs such duties as are necessary on its behalf (see COMPANY) .