Liquidator

In the most general sense, a person or entity that liquidates something. More specifically, a liquidator refers to an officer that is specially appointed to wind up the affairs of a company. The liquidator is legally empowered to act on behalf of the company in various capacities.

Liquidators are often used when a company goes bankrupt. One of the chief functions of many liquidators is to bring and defend lawsuits. Other actions include collecting outstanding receivables, paying off debts and finishing other corporate termination procedures.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Liquidator — may refer to one of the following:*Liquidator (law), a person appointed to oversee the liquidation of a company *The Liquidator, a supervillain in the animated Disney television series Darkwing Duck *Liquidator (Chernobyl), a person who took part …   Wikipedia

  • liquidator — liq·ui·da·tor / li kwə ˌdā tər/ n: one that liquidates; esp: an individual appointed by law to liquidate assets compare receiver Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Liquidator — Liq ui*da tor (l[i^]k w[i^]*d[=a] t[ e]r), n. [Cf. F. liquidateur.] 1. One who, or that which, liquidates. [1913 Webster] 2. An officer appointed to conduct the winding up of a company, to bring and defend actions and suits in its name, and to do …   The Collaborative International Dictionary of English

  • Liquidator — (lat.), s. Liquidation …   Meyers Großes Konversations-Lexikon

  • liquidator — 1825, agent noun in Latin form from LIQUIDATE (Cf. liquidate) …   Etymology dictionary

  • liquidator — [lik′wi dāt΄ər] n. a person who liquidates, esp. one legally appointed to liquidate a company, etc …   English World dictionary

  • liquidator — A person appointed by a court, or by the members of a company or its creditors, to regularize the company s affairs on a liquidation (winding up). In the case of a members voluntary liquidation, it is the members of the company who appoint the… …   Accounting dictionary

  • liquidator — A person appointed by a court, or by the members of a company or its creditors, to regularize the company s affairs on a liquidation (winding up). In the case of a members voluntary liquidation, it is the members of the company who appoint the… …   Big dictionary of business and management

  • liquidator — a qualified person appointed by a court to close down a business that is a proprietary company and realise and distribute its assets in payment of its liabilities. Glossary of Business Terms Person appointed by an unsecured creditor in the United …   Financial and business terms

  • Liquidator — Person appointed by unsecured creditors in the United Kingdom to oversee the sale of an insolvent firm s assets and the repayment of its debts. The New York Times Financial Glossary * * * liquidator liq‧ui‧da‧tor [ˈlɪkwdeɪtə ǁ ər] noun… …   Financial and business terms

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.