liquidator

Meanings

• noun

  A person or organization that takes over the assets and operations of a company that has gone bankrupt.

• noun

  In the context of insolvency law, a person appointed to realize the assets of a company for the benefit of its creditors.

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Rhymes

Words rhyming with liquidator
quencher , thunder , plunder

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Variants

List of all variants of liquidator that leads to same result
liquidator , liquidators

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Etymology

origin and the way in which meanings have changed throughout history.

From the Latin word 'liquidus' meaning liquid or dissolvable, and the suffix '-ator' meaning doer or maker.

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Trivia

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1. The term 'liquidator' was first used in English law in the late 19th century.

2. The largest liquidation in history was that of Lehman Brothers in 2008, which had assets worth over $600 billion.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Insolvency: The state of being unable to pay one's debts as they come due.

2. Bankruptcy: A legal proceeding involving a debtor who is unable to pay their creditors.

3. Creditor: An individual or organization to whom money is owed.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In literature, the term 'liquidator' has been used in dystopian and science fiction works to refer to powerful figures who wield authority over the distribution of resources and the elimination of dissent.

How to Memorize "liquidator"

1. visualize
   

   - Visualize a person in a suit, going through the motions of taking over a company's assets and operations.

2. associate
   

   - Associate the word with the idea of someone taking control and making something liquid or dissolvable.

3. mnemonics
   

   - Remember the word as 'Liquid-ator', emphasizing the 'liquid' part.

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