Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

liquidating price

Read a random definition: A.M.

A quick definition of liquidating price:

Term: Liquidating Price

Definition: The liquidating price is the price at which an asset is sold to pay off debts or distribute the remaining funds to shareholders. It is also known as the redemption price. When a company is closing down or going bankrupt, it may sell its assets at the liquidating price to pay off its creditors. The liquidating price is the final price at which the asset is sold, and it may be lower than the original purchase price.

Related Term: Liquidating Trust

Definition: A liquidating trust is a type of trust that is created to manage and distribute the assets of a company that is going out of business. The trust is responsible for selling the assets and distributing the proceeds to the creditors and shareholders. The purpose of a liquidating trust is to ensure an orderly and efficient liquidation process and to maximize the value of the assets for the benefit of all parties involved.

A more thorough explanation:

Definition: The liquidating price is the price at which an asset is sold to pay off debts or distribute the proceeds to shareholders. It is also known as the redemption price.

Example: If a company goes bankrupt, its assets may be sold off to pay its creditors. The liquidating price of each asset will be determined based on its market value at the time of sale. For example, if the company owns a building worth $1 million, the liquidating price may be set at $800,000 to ensure a quick sale.

Explanation: The example illustrates how the liquidating price is used to sell off assets to pay off debts. In this case, the building is sold at a lower price than its market value to ensure a quick sale and generate cash to pay off creditors. The liquidating price is important in bankruptcy proceedings as it determines how much money will be available to pay off debts and distribute to shareholders.

liquidating dividend | liquidation bankruptcy

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.