/tə ˈwaɪnd ʌp ə ˈkʌmpəni/ – Phrase
Definition: giải thể một công ty.
A more thorough explanation: To wind up a company refers to the process of liquidating and closing down a company’s operations, typically due to insolvency or as part of a planned dissolution. This involves selling off the company’s assets, paying off its debts, and distributing any remaining funds or assets to shareholders in accordance with the applicable laws and regulations.
Example: The shareholders voted to wind up the company and appointed a liquidator to oversee the process of liquidating its assets and distributing the proceeds to creditors.