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LSDefine

Simple English definitions for legal terms

liquidating price

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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

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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