BNET Business Dictionary

Business Definition for: Liquidation

  • the winding-up of a company, a process during which assets are sold, liabilities settled as far as possible, and any remaining cash returned to the members. Liquidation may be voluntary or compulsory.

Wiktionary Definition for: Liquidation

  • #The process of converting into cash (or into an asset with high liquidity).
  • #The selling of the assets of a business as part of the process of dissolving the business.
  • Ex:''The store is having a '''liquidation''' sale, everything must go as they go out of business.''

Additional Resources

Liquidation World Inc. Announces Wind Down of Liquidation World U.S.A. Inc. Company to focus on purchasing in USA.
CALGARY, ALBERTA, Aug 24, 2007 CCNMatthews via COMTEX -- Liquidation World Inc. (TSX:LQW) today announces that it will wind down its retail operations in the United States which operate under its subsidiary Liquidation World U.S.A. Inc. Liquidation World USA. The Company plans to close 16 of...
Tags: Company, Liquidation World Inc., Liquidation World USA
Research articles 2007-08-24
Liquidation Price and Semi-Forced Sellers.(real estate, analysis)
abstract This article analyzes the reasons owners liquidate real estate and why the liquidation price is often less than market value given reasonable market-oriented exposure time. While court-ordered liquidation by absolute auction is the most obvious evidence of liquidation, there are also semi-forced...
Tags: Price and Co.
Research articles 2001-01-01
Nortem Announces Filing of Liquidation Accounts and Plan of Distribution with Dutch Authorities; Nasdaq Delisting Hearing; Liquidation Accounts and Plan of Distribution
WIJCHEN, Netherlands -- Nortem N.V. in Liquidation (Nasdaq:MTCH), formerly "Metron Technology N.V.", announced today that it filed its liquidation accounts and plan of distribution for public inspection with the Dutch Commercial Registry in Arnhem. A copy of the liquidation accounts and plan of distribution as filed in The Netherlands is...
Tags: liquidation, Nasdaq Stock Market Inc.
Research articles 2005-03-25
Liquidation.com, Inc. Changes Its Name To Liquidity Services, Inc. To Reflect Evolving Business Model
Liquidation.com, Inc., the leading global provider of full- service solutions for the disposition of bulk surplus assets, announced today that it has changed its name to Liquidity Services, Inc. The Company will now manage and operate two business units: Liquidation.com (www.liquidation.com), a provider of asset recovery services for businesses and...
Tags: asset, Government, Liquidation, Liquidity Services Inc., LLC, marketing, U.S. Department of Defense
Research articles 1970-01-01
Liquidation World Opens New Location In Coquitlam
CALGARY, ALBERTA--BUSINESS WIRE--June 4, 1996--Liquidation World Inc. (TSE:LQW) liquidator for banks, receivers, insurance companies and others, is pleased to announce the opening of another new location. The Company's 34th liquidation outlet will open for business on June 5, 1996 in Coquitlam at 1311 United Blvd.The new 24,000 sq. ft....
Tags: Business Wire, Company, FINANCE, Insurance, Liquidation
Research articles 1996-06-04
Liquidation World Expands On-Line Shopping With a Liquidation of Over 50 Luxury Motorcoaches and RV's
CALGARY, Alberta--BUSINESS WIRE--May 31, 1999-- Liquidation World Inc. (NASDAQ:LIQWF)(TSE:LQW.) announces a new initiative in on-line shopping. The Liquidation World website now features a page entirely dedicated to the liquidation of over 50 luxury motorcoaches, motorhomes, 5th wheels and other new and used recreational vehicles. These units range in...
Tags: Business Wire, Company, INTERNET, liquidation, Liquidation
Research articles 1999-05-31
Liquidation World Buys Back 126,400 Shares Pursuant to its Normal Course Issuer Bid.
CALGARY, ALBERTA, Jun 23, 2004 CCNMatthews via COMTEX Liquidation World Inc. (LQW - TSX) announces it has repurchased 126,400 of its common shares pursuant to its Normal Course Issuer Bid. Liquidation World announced on April 27, 2004 its intention to acquire up to 427,000...
Tags: Liquidation World Inc.
Research articles 2004-06-23
Liquidation World Improves Leadership Structure.
CALGARY, ALBERTA, Feb 18, 2005 CCNMatthews via COMTEX Liquidation World Inc. (TSX:LQW): - Office of the CEO to be replaced - Jonathan Hill named President and CEO, Liquidation World Inc. - Darren Gillespie named President, Liquidation World USA...
Tags: Liquidation World Inc.
Research articles 2005-02-18
EURO Ressources : LIQUIDATION OF 2008 GOLD HEDGE AND INFORMATION REGARDING THE ANNUAL MEETING
LIQUIDATION OF 2008 GOLD HEDGE AND INFORMATION REGARDING THE ANNUAL MEETING PARIS, France, May 30, 2008: EURO Ressources S.A. (TSX: EUR) (Paris: EUR) today announced that it has completed the liquidation of the gold hedge for 2008. The recent decline in the gold price has enabled the liquidation...
Tags: Company, EURO Ressources S.A.
Research articles 2008-05-30
Liquidation World to Open in Sarnia, Ontario
CALGARY, Alberta--BUSINESS WIRE--Aug. 15, 1997--Liquidation World In (TSE LQW.,NASDAQ LIQWF.) Liquidation World Inc. (LQW/TSE, LIQWF/Nasdaq) is pleased to announce the opening of a new outlet in Sarnia, Ontario in late September. The 60,000 sq. ft. Sarnia outlet is located in the Bayside Mall - 150 North Christina...
Tags: Liquidation World Inc.
Research articles 1997-08-15
Liquidation World to Enter Joint Venture with factorydirect.ca
Business Editors CALGARY, Alberta--BUSINESS WIRE--Nov. 29, 2001 Liquidation Liquidation World Inc. (NASDAQ:LIQWF)(TSE:LQW.) is pleased to announce the opening of a computer liquidation centre within its Hamilton City Centre Outlet on Saturday, December 1, 2001 in Hamilton, Ontario. This business is being launched as a joint venture between...
Tags: Liquidation World Inc.
Research articles 2001-11-29
Madoff liquidation trustee receives $28-million for costs
NEW YORK — A U.S. Bankruptcy Court judge on Tuesday approved the transfer of $28.1-million (U.S.) to cover expenses tied to the liquidation of Bernard Madoff's investment firm. Mr. Madoff is accused of running an elaborate Ponzi scheme that duped investors ranging from individuals to charities to large banks out...
News items 2009-08-07
What Is Bankruptcy Liquidation?
Bankruptcy liquidation also known as Chapter 7 Bankruptcy is a legal process where most if not all of your debt can be eliminated. It may take four up to six months and currently costs $299 to file. Bankruptcy liquidation can be used by individuals and businesses. However, it is not...
Tags: Liquidation, Bankruptcy, Articlesisland.com, Litigation, Business Operations
White papers 2007-01-26
Liquidation World To Liquidate Inventory Of Home Products Distribution Inc
CALGARY, ALBERTA--BUSINESS WIRE--Sept. 9, 1997-- Liquidation(TSE:LQW., NASDAQ:LIQWF) Liquidation World Inc. ("LQW" on the TSE and "LIQWF" on Nasdaq) has been awarded the liquidation of the inventory and capital assets of Home Products Distribution Inc. by its Receiver and Manager, Coopers & Lybrand Limited. Home Products...
Tags: Alberta, Business Wire, Fax, Insurance, liquidation
Research articles 1997-09-09
Liquidation World First Quarter Sales Increase 20 Percent
CALGARY, Alberta--BUSINESS WIRE--Jan. 5, 1999-- Liquidation World In(NASDAQ:LIQWF) (TSE:LQW.) Liquidation World Inc. (TSE:LQW)(Nasdaq:LIQWF) is pleased to announce its highest ever quarterly sales occurred during the first quarter of the 1999 fiscal year. Sales for the 13 weeks ended January 3, 1999 increased 20 percent to $41.9 million from $34.9 million...
Tags: Business Wire, Liquidation, SALES
Research articles 1999-01-05
Liquidation World Announces Executive Change.
BRANTFORD, ONTARIO, Jan 25, 2008 Marketwire via COMTEX -- Liquidation World Inc., (TSX:LQW) announces that Mark Calaiezzi will be leaving the Company effective February 15, 2008. Mr. Calaiezzi was hired in conjunction with the relocation of Liquidation World's corporate offices from Calgary to Brantford and, as...
Tags: Company, Liquidation World Inc.
Research articles 2008-01-25
Liquidation World to Enter Joint Venture with factorydirect.ca.
CALGARY, ALBERTA, NOVEMBER 29, 2001 Liquidation World Inc. is pleased to announce the opening of a computer liquidation centre within its Hamilton City Centre Outlet on Saturday, December 1, 2001 in Hamilton, Ontario. This business is being launched as a joint venture...
Tags: Liquidation World Inc.
Research articles 2001-11-29
Liquidation World Expands Its Joint Venture With factorydirect.ca.
CALGARY, ALBERTA, Nov 7, 2002 CCNMatthews via COMTEX Liquidation World Inc. is pleased to announce the opening of two additional computer liquidation centres within its London and Keswick, Ontario outlets on November 7, 2002. The addition of two outlets expands a joint...
Tags: Liquidation World Inc.
Research articles 2002-11-07
Liquidation World opens in former Excell market
Liquidation World Inc., a Calgary, Alberta-based discount retail chain, has opened a third Spokane outlet, in a former Excell Foods store at 17th Avenue and Ray Street on Spokane's South Hill. Liquidation World, which is leasing the 13,000-square-foot building, opened its outlet there last week, says Don Harter, the store's...
Tags: Liquidation World Inc.
Research articles 1998-11-25
Liquidation World opens in former Excell market
Liquidation World Inc., a Calgary, Alberta-based discount retail chain, has opened a third Spokane outlet, in a former Excell Foods store at 17th Avenue and Ray Street on Spokane's South Hill. Liquidation World, which is leasing the 13,000-square-foot building, opened its outlet there last week, says Don Harter, the store's...
Tags: Liquidation World Inc.
Research articles 1998-11-25
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