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wind up vt wound up, wind·ing up: to bring to an end by taking care of unfinished businessordered to wind up his practice; specif: to conclude by removing liabilities and distributing any remaining assets to partners or shareholderswind up the business and affairs of a corporation in dissolutionwind up a receivership
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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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.
- wind up
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The last phase in the dissolution of a partnership or corporation, in which accounts are settled and assets are liquidated so that they may be distributed and the business may be terminated.
Dictionary from West's Encyclopedia of American Law. 2005.
- wind up
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The last phase in the dissolution of a partnership or corporation, in which accounts are settled and assets are liquidated so that they may be distributed and the business may be terminated.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- wind up
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v.to liquidate (sell or dispose of) assets of a corporation or partnership.See also: winding up
Law dictionary. EdwART. 2013.
См. также в других словарях:
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