TERMIUM Plus®

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LIQUIDATION ETAPES [1 record]

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Filter results by subject field

Alphabetical list of terms

Record 1 1984-09-27

English

Subject field(s)
  • Bankruptcy
  • Financial Accounting
CONT

If the liquidation process is delayed, usually the firm will make installment payments to the partners during the liquidation process instead of waiting to make a single payment at the end of the liquidation. ... Under an installment basis liquidation, potential losses represent the book values of any assets that have not been liquidated at the date of the installment payment.

Key term(s)
  • instalment basis liquidation

French

Domaine(s)
  • Faillites
  • Comptabilité générale

Spanish

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