Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

liquidation value

Read a random definition: de non alienando sine consensu superiorum

A quick definition of liquidation value:

Liquidation value: The amount of money that a business can get by selling off all its assets. When a business is closing down, a liquidator is appointed to sell off its assets and pay off its debts. The liquidation value is the amount of money that is left over after all the debts are paid.

A more thorough explanation:

Definition: The liquidation value is the value of an asset or a company's assets when they are sold quickly, usually in a forced sale. It is the amount that would be received if all the assets were sold and all the liabilities were paid off.

Example: If a company goes bankrupt and its assets are sold off quickly, the amount of money received from the sale may be less than the value of the assets if they were sold under normal circumstances. This is because buyers may be hesitant to purchase assets in a forced sale, and may offer lower prices. The value of the assets in a forced sale is the liquidation value.

Explanation: The example illustrates how the liquidation value is the value of an asset or a company's assets when they are sold quickly, usually in a forced sale. In a forced sale, buyers may offer lower prices, which can result in the assets being sold for less than their normal value. The liquidation value is important to consider in situations where a company may be at risk of bankruptcy or insolvency, as it can help determine the amount of money that may be received from the sale of assets.

liquidation price | liquid debt

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.