liquidate


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liquidate

tv. to kill someone. (Underworld.) They used a machine gun to liquidate a few troublesome characters.
References in periodicals archive ?
Stocks with poor past returns (low liquidate stocks) outperformed those with relatively well past performance (high liquidate stocks).
The Resolution to liquidate a legal person shall be passed by a qualified majority vote of members of a legal person.
However, if SJ sells substantially all of its assets, retains the proceeds without purchasing new assets and does not liquidate, it could be deemed a personal holding company (PHC) subject to the PHC tax.
110 TC 189 (1998), showed that, within the context of a closely held C corporation, an entity may be able to liquidate without including the FMV of goodwill among its assets if it can prove that the ownership of the goodwill is attributable to the shareholders, not to the corporation.
The tax adviser should also tell Sam that if S sells substantially all its assets, retains the proceeds without purchasing new assets and does not liquidate, it could be deemed a personal holding company (PHC) subject to the PHC tax.
With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay.
FirstCity Liquidating Trust is the entity formed to liquidate the assets of the former First City Bancorporation of Texas, Inc.
shareholder intends to liquidate a PFIC (primarily under Sec.
Kaiser Aluminum announced today that in furtherance of its overall restructuring effort which focuses the Company's future primarily on its fabricated products business, the Bankruptcy Court overseeing its Chapter 11 case confirmed the previously filed plans that would liquidate four commodity subsidiaries.
Jack, age 71, contacts his tax adviser in November of the current tax year, stating he would like to liquidate the corporation due to health reasons.
By its termination of the Soundview Trust and portfolio sale, CFN Trust was able to settle those claims, liquidate its assets, and realize a recovery of approximately $34 million.
Because of their disagreement and because Sheepcorp is no longer actively engaged in a business, George and Stanley have decided to liquidate the corporation.
NEW YORK -- Franklin Capital Corporation (AMEX: FKL) (the "Company") today announced that, in accordance with the restructuring and recapitalization plan previously announced by the Company, the Company intends to liquidate its current investment portfolio and has retained an investment bank to assist it in this process.