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. Academic. 2012.
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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 [ˈlɪkwdeɪtə ǁ ər] noun… … Financial and business terms