La liquidation



Example: La liquidation de l'entreprise a été décidée après les pertes importantes.

Definition


"La liquidation" refers to the process of closing a business by selling off its assets to pay debts, often after the company has suffered significant losses or can no longer operate. It concludes the company's financial affairs and legal existence.

Etymology


The term "la liquidation" comes from the French verb "liquider," which means to settle or clear up. Originally, it referred to the act of converting assets into cash, and over time, it became associated with the legal process of dissolving a business by selling its assets.

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"La liquidation" appears in the Vocaplus list "French - Entrepreneurship - (A1-C2) - set 1", containing 109 commonly used words.
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