Insolvency

Liquidation is the process in accounting by which a company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as wound-up or dissolved, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry.

In accounting, insolvency is the state of being unable to pay the debts, by a person or company (debtor), at maturity; those in a state of insolvency are said to be insolvent. There are two forms: cash-flow insolvency and balance-sheet insolvency.

process of renegotiation regarding an organization's, or sovereign entity's delinquent debts

form of debt refinancing that entails taking out one loan to pay off many others

practice of a husband selling his wife

Lavasa (Marathi: लवासा, lavāsā) is a private, planned city in the state of Maharashtra in India built near Pune. It is stylistically based on the Italian town Portofino, with a street and several buildings bearing the name of that town.

Under U.S. law, a conservatorship results from the appointment of a guardian or a protector by a judge to manage the personal or financial affairs of another person who is incapable of fully managing their own affairs due to age or physical or mental limitations. A person under conservatorship is a "conservatee", a term that can refer to an adult. A person under guardianship is a "ward", a term that can also refer to a minor child. Conservatorship may also apply to corporations and organizations.

auction which takes place at a public location designated by the court

entity, often an individual, in charge of administering a bankruptcy estate

rescue mechanism for insolvent entities

management strategy to regenerate a company's performance

provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations