liquidation by assignment

liquidation by assignment
sale or realization of a debtor firm's assets voluntarily agreed to by its creditors who estimate that the firm's liquidation value exceeds its going-concern value. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • General assignment — A general assignment is a concept in bankruptcy law that has different meanings in different jurisdictions. * In the United states, a general assignment is simply a contract whereby the insolvent entity ( Assignor ) transfers legal and equitable… …   Wikipedia

  • Insolvency law of Switzerland — The insolvency law of Switzerland is the law governing insolvency, foreclosure, bankruptcy and debt restructuring proceedings in Switzerland. It is principally codified in the Federal Statute on Debt Enforcement and Bankruptcy ( de. Bundesgesetz… …   Wikipedia

  • bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …   Universalium

  • preference — pref·er·ence / pre frəns, fə rəns/ n 1: the right to prior payment of a debt with preference over the creditors of the heirs or legatees Louisiana Civil Code 2: the transfer of an insolvent debtor s interest in property to a creditor for an… …   Law dictionary

  • Floating charge — A floating charge is a security interest over a fund of changing assets of a company or a limited liability partnership (LLP), which floats or hovers until conversion into a fixed charge, at which point the charge attaches to specific assets. The …   Wikipedia

  • Dodd–Frank Wall Street Reform and Consumer Protection Act — Full title An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers… …   Wikipedia

  • RUSSIA — RUSSIA, former empire in Eastern Europe; from 1918 the Russian Soviet Federative Socialist Republic (R.S.F.S.R.), from 1923 the Union of Soviet Socialist Republics (U.S.S.R.); from 1990 the Russian Federation. Until 1772 ORIGINS The penetration… …   Encyclopedia of Judaism

  • A HOLOCAUST CHRONOLOGY — 1932 July 31     National Socialist (Nazi) Party receives 37.3% of the vote, giving it 230 of 608 seats in the Reichstag. August 13     Adolf Hitler rejects an offer by German President Paul von Hindenburg to become vice chancellor. November… …   Encyclopedia of Judaism

  • Australia — /aw strayl yeuh/, n. 1. a continent SE of Asia, between the Indian and the Pacific oceans. 18,438,824; 2,948,366 sq. mi. (7,636,270 sq. km). 2. Commonwealth of, a member of the Commonwealth of Nations, consisting of the federated states and… …   Universalium

  • Daugavpils Ghetto — Jews in the Daugavpils ghetto, probably in August, 1941 Also known as Dvinsk ghetto, the Citadel, Ghetto Dünaburg Lo …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”