De liquidatie
Example: De liquidatie van het bedrijf verliep sneller dan verwacht.
Definition
"De liquidatie" refers to the process of closing or dissolving a company by selling off its assets and settling its debts, ultimately ending its legal existence. This term is commonly used in business contexts, such as in the phrase 'De liquidatie van het bedrijf verliep sneller dan verwacht.'
Etymology
The term "de liquidatie" comes from the Latin word 'liquidatio,' meaning 'settlement' or 'payment.' It entered Dutch through French 'liquidation,' originally relating to the idea of making something clear or settled, especially in financial matters. Did you know? The root 'liquid' relates to the idea of flowing or settling smoothly, much like liquid itself.
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"De liquidatie" appears in the Vocaplus list "Dutch - Entrepreneurship - (A1-C2) - set 1", containing 109 commonly used words.
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the liquidation