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n.Concluding the affairs of a corporation or partnership that is being liquidated, including paying off debts and distributing the remaining assets.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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an alternative term for the liquidation of a company, the process of bringing to an end the existence and affairs of the company. Companies may be wound up either voluntarily at the motion of either members or creditors or by the court or under the supervision of the court. The winding up is conducted by a liquidator appointed by the court.
Collins dictionary of law. W. J. Stewart. 2001.
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1) The process of liquidating or closing down a corporation, limited liability company, or partnership. Typically this involves paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain.2) With respect to an estate or trust, gathering assets, paying debts, and distributing property to those entitled to inherit it. (See also: personal representative)Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & FinancesCategory: Business Cash Flow Problems & BankruptcyCategory: Business, LLCs & Corporations → Business Tax & DeductionsCategory: Business, LLCs & Corporations → Buying or Selling a BusinessCategory: Personal Finance & Retirement → Taxes → Tax AuditsCategory: Wills, Trusts & Estates → Estates, Executors & Probate Court
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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See liquidation.+ winding up, Also known as wind up.USAThe process before dissolution of a business which involves selling all of its assets, paying off creditors, and distributing any remaining proceeds to shareholders.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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v. The process of dissolving a partnership or corporation by collecting all assets and outstanding income, satisfying all the creditors claims, and distributing whatever remains (the net assets). These may be distributed as cash or in kind, first to preferred stockholders, if any, and then to remaining shareholders, if any, pro rata. Winding up is in anticipation of a company's dissolution.See also liquidate.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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n.liquidating the assets of a corporation or partnership, settling accounts, paying bills, distributing remaining assets to shareholders or partners, and then dissolving the business. Winding up a non-profit corporation requires a plan for distribution of assets to some charitable or other non-profit entity under the cy pres doctrine.
Law dictionary. EdwART. 2013.
См. также в других словарях:
winding — winding, sinuous, serpentine, tortuous, flexuous can all mean curving first one way and then another. Winding, the general and the ordinary term, often implies spiral ascent {winding stairs} {a winding mountain road} When applied to things in a… … New Dictionary of Synonyms
Winding — Wind ing, n. 1. A turn or turning; a bend; a curve; flexure; meander; as, the windings of a road or stream. [1913 Webster] To nurse the saplings tall, and curl the grove With ringlets quaint, and wanton windings wove. Milton. [1913 Webster] 2.… … The Collaborative International Dictionary of English
winding-up — The process by which a company dies. Under Part IV of the Insolvency Act 1986, there are three separate procedures a members voluntary winding up where a company is solvent, a creditors voluntary winding up for insolvent companies and a… … Law dictionary
Winding — bezeichnet: den Familienname folgender Personen: Andréas Winding (1928–1977), französischer Kameramann Kai Winding (1922–1983), US amerikanischer Jazzposaunist dänischer Herkunft den Namen folgender Person: Nicolas Winding Refn (* 1970),… … Deutsch Wikipedia
winding — [wīn′diŋ] n. 1. the action or effect of a person or thing that winds; specif., a) a sinuous path or course b) [usually pl.] devious methods, actions, etc. c) a coiling, spiraling, or twining d) a single turn 2. something that winds; specif … English World dictionary
Winding — Wind ing, n. [From {Wind} to blow.] (Naut.) A call by the boatswain s whistle. [1913 Webster] … The Collaborative International Dictionary of English
Winding — Wind ing, a. [From {Wind} to twist.] Twisting from a direct line or an even surface; circuitous. Keble. [1913 Webster] … The Collaborative International Dictionary of English
winding — index circuitous, indirect, labyrinthine, sinuous, tortuous (bending) Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
winding — [adj] bending, turning ambiguous, anfractuous, circuitous, convoluted, crooked, curving, devious, flexuous, gyrating, indirect, intricate, involved, labyrinthine, mazy, meandering, roundabout, serpentine, sinuous, snaky, spiraling, tortuous,… … New thesaurus
winding — ► NOUN 1) a twisting movement or course. 2) a thing that winds or is wound round something. ► ADJECTIVE ▪ having a twisting or spiral course … English terms dictionary
