different between liquidation vs bankruptcy

English

Etymology

liquidate +? -ion

Pronunciation

• IPA^(key): /?l?kw??de???n/
• Rhymes: -e???n

Noun

liquidation (countable and uncountable, plural liquidations)

1. The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
2. The selling of the assets of a business as part of the process of dissolving the business.

3. (euphemistic) Murder of dehumanized victims by a regime (and possibly its allies).

Related terms

• liquid
• liquidate
• liquidator
• liquidity
• liquidizer
• liquor

Translations

French

Pronunciation

• IPA^(key): /li.ki.da.sj??/

Noun

liquidation f (plural liquidations)

1. sale, liquidation (sale of goods at reduced prices)
2. liquidation

Further reading

• “liquidation” in Trésor de la langue française informatisé (The Digitized Treasury of the French Language).

English

Etymology

bankrupt +? -cy

Pronunciation

• IPA^(key): /?bæ?k??pts?/

Noun

bankruptcy (countable and uncountable, plural bankruptcies)

1. (finance) A legally declared or recognized condition of insolvency of a person or organization.

Derived terms

• bankr.
• bankruptcy order
• moral bankruptcy
• pre-packaged bankruptcy

Related terms

• bankrupt

See also

• depression, economic downturn, financial crisis, insolvency, recession
• insolvent, receivership
• (slang) broke, bust, belly up
• (verb) (slang) go broke, go bust, go belly up

Translations