In some jurisdictions, a liquidator may also be referred to as a trustee, such as a bankruptcy trustee. { bidder: 'appnexus', params: { placementId: '11654150' }}, {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/2863368/rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, var mapping_topslot_a = googletag.sizeMapping().addSize([746, 0], []).addSize([0, 550], [[300, 250]]).addSize([0, 0], [[300, 50], [320, 50], [320, 100]]).build(); Restructuring: How to Limit Financial Loss and Improve Business. This meaning that with an average percentage split, 65 client 35 company, if the sale does not gross 3,000 dollars, they will take from your cut enough to get them to the 1,000 dollar amount. { bidder: 'ix', params: { siteId: '195453', size: [300, 50] }}, 4. syncDelay: 3000 'cap': true dfpSlots['rightslot2'] = googletag.defineSlot('/2863368/rightslot2', [[300, 250], [120, 600], [160, 600]], 'ad_rightslot2').defineSizeMapping(mapping_rightslot2).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); You can also find related words, phrases, and synonyms in the topics: a game played by children, who throw a stone onto a set of joined squares drawn on the ground and jump on one leg and then on two legs into each square to get the stone, You could hear a pin drop: more interesting ways of saying ‘quiet’, Clear explanations of natural written and spoken English. pid: '94' { bidder: 'appnexus', params: { placementId: '11653860' }}, Restructuring is a significant modification made to the debt, operations, or structure of a company in order to strengthen the business in the face of financial pressures. This can include taking it to a charity or a buy-out person may purchase the remainder of the items. As a buyer, when you bid on a property at auction, you will likely have the chance to put in bids on other properties as well. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, Between 1991 and 1993, nearly 70,000 companies were liquidated: wiped out. Add the power of Cambridge Dictionary to your website using our free search box widgets. An estate liquidation is similar to an estate sale in that the main concern or goal is to liquidate the estate (home, garage, sheds and yard) with an estate sale organization There is no government regulation of the industry. Rather than taking many months or even years, the complete estate process is complete expediently. storage: { pbjs.setConfig(pbjsCfg); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}, { bidder: 'openx', params: { unit: '539971067', delDomain: 'idm-d.openx.net' }}, { bidder: 'appnexus', params: { placementId: '11654150' }}, } { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, userSync: { if(window.__tcfapi) That is why it is so important to not only be sure in your decision, but also have someone in your corner who knows the ins and outs of the industry. expires: 60 } window.__tcfapi('addEventListener', 2, function(tcData, success) { params: { { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, { bidder: 'openx', params: { unit: '539971067', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, { bidder: 'sovrn', params: { tagid: '705055' }}, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, “Epidemic” vs. “Pandemic” vs. “Endemic”: What Do These Terms Mean? An estate sale professional will have contacts and know upper tier auction houses that will be a good fit for your more significant items. 11. 'increment': 0.5, googletag.cmd.push(function() { googletag.pubads().setTargeting("cdo_pc", "dictionary"); noun the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc. The liquidator has a fiduciary and legal responsibility to all parties involved—the company, court, and the creditors involved. { bidder: 'sovrn', params: { tagid: '346688' }}, { bidder: 'ix', params: { siteId: '195453', size: [320, 100] }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, ga('set', 'dimension3', "default"); Most clients prefer this plan, unless they want to go through the unsold items to see if there is anything they would like to keep. name: "unifiedId", {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, iasLog("criterion : cdo_c = " + ["business_financial_industrial_technology", "people_society_religion"]); { bidder: 'ix', params: { siteId: '195452', size: [336, 280] }}, { bidder: 'appnexus', params: { placementId: '11654208' }}, iasLog("exclusion label : wprod"); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, }, The decision to buy or sell a property is generally one of the biggest financial choices a person will make in their lives. { bidder: 'sovrn', params: { tagid: '705055' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776142', position: 'btf' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_mpuslot' }}, In law, a liquidator is the officer appointed when a company goes into winding-up or liquidation who has responsibility for collecting in all of the assets under such circumstances of the company and settling all claims against the company before putting the company into dissolution.Liquidator is a person officially appointed to 'liquidate' a company or firm. { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, }; You have a duty to get the highest price for the property. Dictionary.com Unabridged Using a realtor or broker to liquidate your house can be a long and drawn-out effort that may take months. A liquidator is a person or entity that liquidates something—generally assets. noun a person who liquidates assets, especially one authorized to do so by a court of law. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }},