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Từ vựng:

compulsory liquidation

Giải nghĩa:

/kəmˈpʌlsəri ˌlɪkwɪˈdeɪʃən/ – Phrase


Definition: việc thanh toán bắt buộc, việc giải thể bắt buộc.

A more thorough explanation: Compulsory liquidation is a legal process where a company is forced to wind up its operations and sell off its assets in order to pay off its debts. This process is typically initiated by a court order or a government authority, and is often used as a last resort when a company is unable to pay its debts and creditors are seeking to recover what they are owed.

Example: In the case of insolvency, the company may be subject to compulsory liquidation, where its assets are sold off to pay its creditors.

 

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