Liquid Asset - Law Dictionary Search Results
Home Dictionary Name: liquid assetliquid asset
liquid asset a cash asset or an asset that is easily … liquid asset a cash asset or an asset that is easily converted
liquidator
one that liquidates esp an individual appointed by law to liquidate assets compare receiver … that liquidates esp an individual appointed by law to liquidate assets compare receiver
Quick-asset ratio
ratio means the ratio between an entity s current or liquid assets such as cash and accounts receivable and its current … quick asset ratio means the ratio between an entity s current or
Winding-up
leave of the court s 177 and in england the liquidator or provisional liquidator is to take the company s property … created by the company but only so far as the assets are insufficient to meet the claims of the general creditors
Liquidator
which such sanction is not required the duties of a liquidator are to collect administer and distribute the assets having regard … or the liquidator sanctions the continuance thereof s 232 the assets do not vest in the liquidator on completion of the
liquidate
to convert as assets into cash an estate vi to liquidate something as a corporation liq 183 ui 183 da 183 … or dissolution a corporation compare bankruptcy b to convert as assets into cash an estate vi to liquidate something as a
liquid
liquid 1 a consisting of cash or capable of ready conversion … assets b capable of covering current liabilities out of current assets esp in a rapid manner a insurer 2 of or
current assets
current assets assets of a business that can be liquidated within a relatively short period of time … current assets assets of a business that can be liquidated within a
asset
worth 2 admitted assets considered as a whole net quick assets the excess of quick assets over current liabilities non 183
Commercial assets
a society s class 1 class 2 and class 3 assets constitutes the total commercial assets of the society class 1
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