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 ?
High liquidate and low liquidate stocks were selected based on the returns for the past week.
The Spanish bank is looking to liquidate Real Estate Investment Society Espana, in which it has a 31 per cent stake.
The decision to liquidate a company shall be adopted by the General Meeting, or the court, in the cases specified in the Civil Code.
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.
If a PFIC intends to liquidate, but fails to observe the necessary formalities for liquidation, a U.
The transaction is a liquidating trust, for which the primary purpose was to purchase non-performing loans with the intent to liquidate them.
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.
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.
Because of their disagreement and because Sheepcorp is no longer actively engaged in a business, George and Stanley have decided to liquidate the corporation.
As we outlined recently, the Special Committee of your Board of Directors in fact has initiated a plan to not only liquidate the Company's United Microelectronics Corporation ("UMC") holdings, but also to take action and maximize value with respect to the Company's interests in Alliance Ventures Management ("AVM").
This problem might be avoided if the trustee has the authority to liquidate the trust and pass the loss to the beneficiary under Regs.
Global Preferred is continuing to liquidate its remaining non-cash assets and anticipates making additional cash distributions as the dissolution process progresses, subject to provisions for remaining liabilities and obligations.
Our plan now is to expeditiously and economically liquidate the forfeited properties we have received, continue our efforts to liquidate the remaining loans, defend against outstanding claims, and begin making distributions to stockholders as soon as possible.