Liquidation - sustany/dvg GitHub Wiki

1.� The act of calculating liabilities and distributing assets, especially of a business that is being wound up.

2.� The act of determining the cash value of some debt or damage.� The parties involved essentially reduce their legal conflict or outstanding debts to a dollar amount.� Debts and damages can be liquidated in various ways:�by an agreement before any dispute arises, by an agreement after a dispute arises, or by litigation.