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liquidator

liquidator

6 7.7
A person who sells a company's assets and pays its debts
  • noun
  • /ˈlɪkwɪˌdeɪtər/
  • UK
translation icon : liquidador
  • The liquidator meticulously reviewed the financial records before proceeding with the liquidation process.
  • liquidator appointed

Examples

  • Some companies, like the food store PAC, were liquidated (as early as 1980), and their remaining goods, buildings, trucks, and other equipment were sold off by the state liquidators.

    Academic text (1993)
  • After the company declared bankruptcy, the liquidator was tasked with selling off the remaining inventory.

  • The liquidator told us we would find out in about a week what that bonus is.

    Blog text (33)
  • When we were told our store was to be closed, the liquidator told us that we would get a big bonus for sticking around until Dec. 31st instead of looking for a new job.

    Blog text (33)
  • State liquidators likely will spend the next several years trying to dig up company assets to help cover the costs of P*I*E's collapse.

    Academic text (1998)
  • Additionally, the court appointed KPMG China as the provisional liquidators of Lehman’s Hong Kong units.

    Academic text (2009)
  • The court appointed a liquidator to manage the company's assets and settle its debts.

Synonyms

receiver
vsliquidator
213 2.7

A person who gets something someone sends, gives, or throws

is court appointed and sells assets to repay creditors and close the company

How Official

liquidator
  • UK
6 7.7
administrator
232 3.7
manager
1.6
owner
1.0

Surface Forms

liquidator singular
liquidators plural

Morphology

liquidator = liquidate (transparent) = liquidate + or

Agentive noun formed from the verb 'liquidate'; the meaning 'person appointed to wind up a company's affairs' is directly derived from the verb.

Etymology

Liquidator comes from liquidate, which is from the same root as liquid, meaning 'to make liquid' or 'fluid'. So a liquidator is a person who turns a company's goods into 'liquid', that is, sells them for money to pay its debts.