Meaning of the word liquidator in English
What does liquidator mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
liquidator
US /ˈlɪk.wə.deɪ.t̬ɚ/
UK /ˈlɪk.wə.deɪ.tər/
Noun
a person or body appointed to ascertain the liabilities and dispose of the assets of a business or other entity, especially in bankruptcy or insolvency
Example:
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The company appointed a liquidator to manage its insolvency proceedings.
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The liquidator's role is to ensure fair distribution of assets among creditors.
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