/waɪnd ʌp/ – verb
Definition: giải quyết, thanh toán, giải thể.
A more thorough explanation: In legal terms, “wind up” refers to the process of liquidating or dissolving a company or business entity, typically involving the sale of assets, payment of debts, and distribution of any remaining funds to shareholders or creditors. It is the final stage in the life cycle of a company before it ceases to exist as a legal entity.
Example: The company decided to wind up its operations due to financial difficulties.