Hungarian - English

végelszámolás

C1 Hungarian
liquidation
NOUN C1 BUSINESS
2
Usage pattern:
cég végelszámolása
No example pairs yet.
Meaning
Closing a company legally
Themes
business |company_law |insolvency |debt |closure |law |finance |bankruptcy
Definition

The formal process of closing a business, selling its assets, and using the money to pay its debts.

Grammar

No grammar details available yet.

Expressions

No expressions linked to this entry yet.

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