/vɑləntɛri lɪkwɪˈdeɪʃən/ – Phrase
Definition: việc tự nguyện giải thể.
A more thorough explanation: Voluntary liquidation refers to the process by which a company decides to wind up its affairs and cease operations voluntarily. This typically involves the appointment of a liquidator to oversee the sale of the company’s assets, payment of its debts, and distribution of any remaining funds to shareholders.
Example: The company decided to initiate voluntary liquidation in order to wind up its affairs and distribute its assets to creditors and shareholders.