Definitions

1. noun

A person or company that winds up the affairs of a business that is being closed or liquidated, typically to pay off its debts and distribute its assets among creditors.

“The liquidator was appointed to oversee the dissolution of the bankrupt company.”

2. noun

A person who buys up and dismantles or sells off the assets of a business, often for personal gain.

“The liquidator bought the assets of the company at a low price and resold them for a significant profit.”

3. verb

To wind up the affairs of a business, typically to pay off its debts and distribute its assets among creditors.

“The company will be liquidated at the end of the year to pay off its debts.”