noun
- a person appointed to wind up the affairs of a company or business, especially by selling its assets to pay debts
- a person who eliminates or destroys someone or something
Usage: business; legal
Usage: informal
Examples
- The court appointed a liquidator to handle the bankrupt company’s assets.
- The liquidator sold off the factory equipment to pay creditors.
- After the business failed, the liquidator distributed remaining funds to shareholders.
- The liquidator’s report showed the company owed millions in unpaid debts.
- It took the liquidator six months to complete the dissolution process.
- The hired liquidator was known for efficiently closing down failing enterprises.