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Liquidation   Listen
noun
Liquidation  n.  The act or process of liquidating; the state of being liquidated.
To go into liquidation (Law), to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness may be authoritatively ascertained, and that the assets may be applied toward their discharge.






Collaborative International Dictionary of English 0.48








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"Liquidation" Quotes from Famous Books



... don't actooally make no assignment, nor go into what you-all Eastern sharps calls liquidation. The two goes on an' works their claims together, an' the firm name still waves as 'Doby Dawson an' Copper Queen Billy Rudd,' only Billy won't go into 'Doby's new wickeyup where he's ...
— Wolfville • Alfred Henry Lewis

... out with troubles, accepted Schwiebus in liquidation of all claims (8th April, 1686), and a few days after set his men on march against the Turks:—and, exactly two months beforehand, on the 8th of February last, the Prince had signed HIS secret engagement, That Schwiebus should be a mere phantasm to Papa; that he, the Prince, would restore ...
— History Of Friedrich II. of Prussia, Vol. III. (of XXI.) - Frederick The Great—The Hohenzollerns In Brandenburg—1412-1718 • Thomas Carlyle

... (who, if he were a good fellow, might just as well give a sly kick with his heel to the granite,) before time will be at an end, and the burden of flesh accomplished. But you hear it expressed in terms that will astonish Baron Rothschild, what is the progress in liquidation which we make for each particular century. A billion of centuries pays off a quantity equal to a pinch of snuff. Despair seizes a man in contemplating a single coupon, no bigger than a visiting card, of such a stock ...
— Narrative And Miscellaneous Papers • Thomas De Quincey

... Liquidation in acceptances is one of the keys to the success of the English loan. While England had the ability before the war to discount $2,500,000,000 of acceptances, and with the present expanded base of ...
— The Audacious War • Clarence W. Barron

... their usual course. The downfall of Mavick is too well known in the Street to need explanation here. For a time it was hoped that sacrifices of great interests would leave a modest little fortune, but under the pressure of liquidation these hopes melted away. If anything could be saved it would be only comparatively valueless securities and embarrassed bits of property that usually are only a delusion and a source of infinite worry to a bankrupt. It seemed incredible ...
— Baddeck and That Sort of Thing • Charles Dudley Warner

... that thenceforth it was back, back, back for their enemies, always back, never again forward! After that it was only a scant four months before the commanders of the Central Empires knew themselves beaten; and now their very empires are in liquidation! ...
— Winning a Cause - World War Stories • John Gilbert Thompson and Inez Bigwood

... indeed confounded when his ward wrote to him and told him boldly that he wanted fifteen hundred pounds for immediate necessities—namely, twelve hundred for the liquidation of debts, and ...
— The Lost Lady of Lone • E.D.E.N. Southworth

... Turc that he went every evening? Finally, why do not you say anything of the extra work which he always had to attend to, as he pretended, once or twice a month? Sometimes it was a loan, sometimes a liquidation, or a settlement of dividends, which devolved upon him. Did he come home then? No. He told you that he would dine out, and that it would be more convenient for him to have a cot put up in his office; and thus you were twenty-four or forty-eight hours without seeing ...
— Other People's Money • Emile Gaboriau

... with the concurrence of the ministers. Your pleasure respecting the Begums I have learnt from Sir Elijah, and the measure heretofore proposed will soon follow the resumption of the jaghires; from both, or, indeed, from the former alone, I have no doubt of the complete liquidation ...
— The Works of the Right Honourable Edmund Burke, Vol. XII. (of XII.) • Edmund Burke

... only thought was to make an end of his wasted life, the sooner the better, directly his daughter was placed in safety. But just then he happened to get a remittance enclosed in an extraordinary letter, in which occurred several puzzling business terms. There was something about "liquidation," and closing up an account which required his presence, and in the middle of it all there were certain expressions which seemed to have stumbled accidentally into the commercial style. For instance, in one place there was "brother of my boyhood;" ...
— Garman and Worse - A Norwegian Novel • Alexander Lange Kielland

... their par with gold and silver; and after conferences, by his instruction, with the Secretary of the Treasury, I am authorized to assure you, that the government of the United States have no idea of paying their debt in a depreciated medium, and that in the final liquidation of the payments which shall have bean made, due regard will be had to an equitable allowance for the circumstance ...
— Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson - Volume I • Thomas Jefferson

... dwelling bore no trace of that solid old-fashioned clumsiness which had distinguished his house in Fitzgeorge-street. Having surrendered his ancestral chairs and tables in liquidation of his liabilities, Philip Sheldon was free to go with the times, and had furnished his gothic villa in the most approved modern style, but without any attempt at artistic grace or adornment. All was bright, and handsome, and neat, and trim; but the brightness and the neatness ...
— Birds of Prey • M. E. Braddon

... cast about them for means to secure their own safety. They organised themselves for the protection of their interests. The Khedive consented to hear the advice of their representatives, Messrs. Goschen and Joubert; but it was soon clear that he desired merely a comfortable liquidation and the continuance of ...
— The Development of the European Nations, 1870-1914 (5th ed.) • John Holland Rose

... twenty-ninth of October announced the liquidation sale of Cite Hof, belonging to the heirs of Paul de Geiger, including "forty-two hectares of fine arable land, fine dwelling houses, barns and stables, a very fine park, summer houses, a coach house, etc." ... "of the Villa Huber, with a fine park, servants' quarters, ...
— Fighting France • Stephane Lauzanne

... stamp, or green young gentlemen of the town, like Loman himself. From one of the latter Loman had the extraordinary "good luck" that afternoon to win three pounds over a wager, a sum which he at once handed over to Cripps in the most virtuous way, in further liquidation of his debt. ...
— The Fifth Form at Saint Dominic's - A School Story • Talbot Baines Reed

... the trouble attracted the attention of the teacher, and under adverse legislation a period of liquidation set in. The distress was great. Many found themselves with property which was not convertible into photographs or anything else. To make matters worse, the discovery was made that the big boys had left school to begin ...
— Aladdin & Co. - A Romance of Yankee Magic • Herbert Quick

... were again firmly planted before the sign-post of a public-house. But here there was no credit, and our good-natured Lubecker having doled out a fourth zwanziger on account, was scarcely surprised to see it pounced upon and totally appropriated by the host in liquidation of some ancient score. With a shout of rage, or rather a howl, from our Bohemian whip, we again set forward. "Hi, hi, hi!" and helter-skelter we went, through bush and bramble, where indeed there was no trace or shadow of a beaten track. The Bohemian was lost to control; he shouted, he ...
— A Tramp's Wallet - stored by an English goldsmith during his wanderings in Germany and France • William Duthie

... than to Prime Ministers, though M. Clmenceau remained to preside, and the Italian affairs in dispute were vital enough to require the presence of a full Italian delegation. These were concerned with the liquidation of the Hapsburg Empire, but not with that fragment of it to which Austria had been reduced by the recognition of Czecho-Slovakian independence, the transference of Galicia to Poland, and the union of Croats and Slovenes under the Serbian crown. Deprived of German support by ...
— A Short History of the Great War • A.F. Pollard

... less tenacious than herself, would have gone into liquidation a score of times had it not been for his wife's firm obstinacy. She longed to be rich. She perceived that her ambition could only be attained by fortune. As soon as they possessed a few hundred thousand ...
— The Fortune of the Rougons • Emile Zola

... Walter found himself responsible for various debts, amounting to 102,000l. About this time Lady Scott died, and her loss was an additional affliction to him. Various modes of settlement were proposed to Sir Walter for the liquidation of these heavy debts; but, "like the elder Osbaldistone of his own immortal pages, considering commercial honour as dear as any other honour," he would only consent to payment in full; and, in the short space of six years, he paid off 60,000l. "by his genius alone; but ...
— The Mirror of Literature, Amusement, and Instruction, No. 571 - Volume 20, No. 571—Supplementary Number • Various

... such embarrassment exists. However, be that as it may, the public have been highly gratified for some time past in being permitted to view the estate and the valuable curiosities it contains; and the produce of the admission tickets, which has probably netted twenty thousand pounds, goes to the liquidation of ...
— Real Life In London, Volumes I. and II. • Pierce Egan

... than the spirit of goodwill, and even devotion, which was displayed by many of them. But, unhappily, contracts were taken by the management, which resulted in a series of losses; and the scheme ended in liquidation. Mr. Greening states that "the Distribution Societies have as yet been much more successful than the Production Societies;" but he hopes "to see the latter crown the edifice by making workers everywhere no longer servants, but co-partners ...
— Thrift • Samuel Smiles

... immediately after he had handed over the money in liquidation of Bearside's claim that he sat down to write a further letter to his friend and correspondent Josiah Scroome. His letter was not written in the best of tempers; but still, through it all, there was a desire to be just, and an anxiety to abstain from ...
— The American Senator • Anthony Trollope

... first book of the Bible, the earth fell into a very wicked condition in the days of the patriarchs. God made everything good, but the Devil turned everything bad; and in the end the Lord put the whole concern into liquidation. It was a case of universal bankruptcy. All that was saved out of the catastrophe was a consignment of eight human beings and an unknown number of elephants, crocodiles, horses, pigs, dogs, ...
— Flowers of Freethought - (Second Series) • George W. Foote

... day—it was Wednesday or Thursday—Max awakened completely. A careful and guarded liquidation of his spiritual property made it clear that a fair piece of Max's soul, the part which contained his love for woman and for his friends, was dead, like a paralysis-stricken hand or foot. But what remained ...
— The Crushed Flower and Other Stories • Leonid Andreyev

... case of the dissolution or liquidation of on association, be liable for the contracted loan in equal proportions; which liability, so far as regards the still outstanding amount, attaches also to newly entering members. When a member leaves, his liability ...
— Freeland - A Social Anticipation • Theodor Hertzka

... necessary to use like an English verb. In consequence of these salutations, there is more ceremony in court than business, though the king, ever having an eye to his treasury, continually finds some trifling fault, condemns the head of the culprit, takes his liquidation-present, if he has anything to pay, and thus keeps up ...
— The Discovery of the Source of the Nile • John Hanning Speke

... had no pecuniary means, was nearly forty years of age and saw no prospect of being other than head-clerk for the rest of his days. He was the only man in Havre whose devotion could be compared with Dumay's. As for Gobenheim, he profited by the liquidation to get a part of Monsieur Mignon's business, which lifted his ...
— Modeste Mignon • Honore de Balzac

... our credit at the present day cannot be termed very good, our threatened political position is chiefly to blame. If we chose to neglect our army and navy our credit would sink still lower, in spite of all possible liquidation of our debt. We have a twofold duty before us: first to improve our armament; secondly, to promote the national industry, and to keep in mind the liquidation of our debts so far ...
— Germany and the Next War • Friedrich von Bernhardi

... Grodno villages was the continuation of the policy of the rural liquidation of Jewry, inaugurated in 1823 in White Russia. [1] The Grodno province was merely meant to serve as a starting point. Grand Duke Constantine, [2] who had brought up the question, was ordered "at first ...
— History of the Jews in Russia and Poland. Volume II • S.M. Dubnow

... require some liquidation, and Lorry finally decided that he himself was the only and legal custodian of the prisoner. As for the reward—shucks! He didn't want blood-money. But High Chin would never lay a hand on the hobo if ...
— Jim Waring of Sonora-Town - Tang of Life • Knibbs, Henry Herbert

... 4% in 1998. In September 1998, the IMF approved a three-year Extended Fund Facility, which provides credits worth approximately $864 million, designed to support Bulgaria's reform efforts. The government's structural reform program includes: (a) privatization and, where appropriate, liquidation of state-owned enterprises (SOEs); (b) liberalization of agricultural policies, including creating conditions for the development of a land market; (c) reform of the country's social insurance programs; and, (d) reforms to strengthen contract ...
— The 1999 CIA Factbook • United States. Central Intelligence Agency.

... Coal Company went into liquidation. The world of finance is a mysterious world in which, incredible as the fact may appear, evaporation precedes liquidation. First the capital evaporates, and then the company goes into liquidation. These are very unnatural physics, but they account for the persistent inertia of Heyst, at ...
— Victory • Joseph Conrad

... yet granted by all. I expect, however, the requisition will speedily be complied with. I shall not cease urging it, and also such further revenues as may be sufficient for the purpose. When they shall have been obtained, they will be duly applied in liquidation of the public debts; but until that period arrives, neither the principal nor the interest of such debts can ...
— The Diplomatic Correspondence of the American Revolution, Vol. XI • Various

... seen a greater business expansion than the last. Investment for permanent improvement had passed the amount of annual savings, and before 1893 the United States as a community had approached the point at which its economic surplus would be exhausted and an enforced liquidation would be due. As banks curtailed in 1893 to save themselves, stringency became general, and depression turned to panic. In April the gold reserve in the Treasury, on which the whole volume of silver and paper depended, passed below $100,000,000, ...
— The New Nation • Frederic L. Paxson

... Recamier met it manfully. He gave up everything to his creditors, who had so much confidence in his integrity that they put him at the head of the settlement of liquidation. Madame Recamier was equally honorable. She sold all her jewels. They disposed of their plate, and offered the house in the Rue Mont Blanc for sale. As a purchaser could not immediately be found, they removed to the ground-floor and let the other stories. This reverse of ...
— Atlantic Monthly, Volume 14, No. 84, October, 1864 - A Magazine Of Literature, Art, And Politics • Various

... the several places under the Corporation would sell for, (2) what the lord mayor himself and the sheriffs were willing to take for their share of each place, and (3) what part of the purchase-money might be devoted to the liquidation of the City's debts.(1910) ...
— London and the Kingdom - Volume II • Reginald R. Sharpe

... his two swords, and once seated, Kibei's first act was to give thanks for past services. Calling for his account he produced the seventy ryo[u] in its settlement. Prompt and profound were the humble thanks of the house for this unexpected liquidation. Kibei had secured the money by the transfer of obligations of Akiyama Cho[u]zaemon to the usurer Suzuki Sanjuro[u]. Three hundred and fifty ryo[u] immediately due against seventy ryo[u] in cash satisfied ...
— The Yotsuya Kwaidan or O'Iwa Inari - Tales of the Tokugawa, Volume 1 (of 2) • James S. De Benneville

... affected to an extent by ways of living, the amount of capital determines, within certain limits, to a certainty how long its possessor will do business on this round lump of earth. I think Parasang's time for liquidation had come. That is all. As for Mrs. Parasang, I think she could have stayed a little longer if she had cared to do so, but she went away because he had gone. One can just lie down and ...
— The Wolf's Long Howl • Stanley Waterloo

... of his in that character was a mistake. He was precipitate when he ought to have been cautious, and cautious when nothing but audacity could have availed. The first subject upon which he was called upon to act was the tariff. The national debt being within two or three years of liquidation, Calhoun threatening nullification, and Jackson vetoing all internal improvement bills, it was necessary to provide against an enormous surplus. Clay maintained that the protective duties should remain intact, and ...
— Famous Americans of Recent Times • James Parton

... the ease with which fortunes were accumulated could not but have widespread effects. The European war came at a moment when the United States was passing through a period of comparatively hard times. Stringency was naturally increased by the liquidation of foreign investments in 1914 and the closing of European markets to American commerce. Business was dull. But this condition was rapidly altered through the placing of large contracts by the Entente Governments and the most extensive buying by foreign purchasers. New markets were ...
— Woodrow Wilson and the World War - A Chronicle of Our Own Times. • Charles Seymour

... understood by the 'federal republic?' There were those who took it to mean the emancipation of the provinces, institutions akin to those of the United States and administrative decentralisation; others had in view the abolition of all authority and the speedy commencement of the great social liquidation. The socialists of Barcelona and Andalusia stood out for the absolute sovereignty of the communes; they proposed to endow Spain with ten thousand independent municipalities, to legislate on their own account, and their creation to be accompanied by the suppression ...
— The Crowd • Gustave le Bon

... useless, my wishes to retrench our expenses ineffectual. Mr. Robinson had, previous to our union, deeply involved himself in a bond debt of considerable magnitude, and he had from time to time borrowed money on annuity,—one sum to discharge the other,—till every plan of liquidation appeared impracticable. During all this time my mother was ...
— Beaux and Belles of England • Mary Robinson

... arose. Egypt was presented with Europe's total claims for the losses to Europeans in the burnings at Alexandria. They amounted to four millions and a half. How was this demand to be met? Under the Law of Liquidation established in 1880, Egypt could not borrow without the consent of the five Powers who had constituted the Commission of Liquidation. The demand presented to Egypt had to be considered by the one Power which was now ...
— The Life of the Rt. Hon. Sir Charles W. Dilke, Vol. 2 • Stephen Gwynn

... The liquidation of her debts, which followed on her decease and the division of her property, brought Acquet de Ferolles' daughters to Tournebut, all three of whom were well married. In making an inventory of the furniture in the chateau, they found amongst things forgotten in ...
— The House of the Combrays • G. le Notre

... to beard in their own council-chambers;—and it is not unlikely that while some of the members were engaged in studying the arts of self-defence, and others holding with both hands upon the ears that had been openly threatened, the bill for the liquidation and payment of Mr. Wheelwright's claims, was passed in the alarm and confusion, without observation. It is not impossible, moreover, that as the claimant had resided at Albany, and as the Albanian tactics had not then been introduced into Washington, ...
— Ups and Downs in the Life of a Distressed Gentleman • William L. Stone

... intoxication increased they more and more recalled the injustice of Carthage. The Republic, in fact, exhausted by the war, had allowed all the returning bands to accumulate in the town. Gisco, their general, had however been prudent enough to send them back severally in order to facilitate the liquidation of their pay, and the Council had believed that they would in the end consent to some reduction. But at present ill-will was caused by the inability to pay them. This debt was confused in the minds of the people ...
— Salammbo • Gustave Flaubert

... expenditures are cut down as far as possible, may be taken to mean a rapid and continued resumption of every prosperous business: but if the above process is only partially performed, renewed trouble must result;—in other words, liquidation to really be helpful (to congested ...
— A Brief History of Panics • Clement Juglar

... China agreeing to open them to international use. Germany renounces all claims against China or any allied and associated Government for the internment or repatriation of her citizens in China and for the seizure or liquidation of German interests there since August 14, 1917. She renounces in favor of Great Britain her State property in the British concession at Canton and of France and China jointly of the property of the German school in ...
— World's War Events, Volume III • Various

... that he was the President, Treasurer and Secretary of the Anglo-Chinese Industries Association, Limited, and urged that unless he was exempted the company must inevitably go into liquidation, there being no one else familiar with its business. Answering a question by the Chairman, applicant stated that the company was formed to do a general mercantile business, but that at the present time ...
— Punch, or the London Charivari, Vol. 150, March 8, 1916 • Various

... devote the proceeds of the sale of those securities to bolstering up your business; and even yesterday you assured me that if they could only be found you would of course hand them over to the assignee, to be devoted to the liquidation of your debts. Am I correct in this ...
— Dick the Bank Boy - Or, A Missing Fortune • Frank V. Webster

... is really legal. This is logic. G.A.S.] might have provoked a less fiery people than the Southrons. At the inception of the struggle a large amount of Southern indebtedness was held by the people of the North. To force payment from the generous but insolvent debtor—to obtain liquidation from the Southern planter—was really the soulless and mercenary object of the craven Northerners. Let the common people of England look to this. Let the improvident literary hack, the starved impecunious Grub Street debtor, the ...
— The Luck of Roaring Camp and Other Tales • Bret Harte

... when he had at length unearthed the well-hid truth of how the stately Major had acquired it. No sooner had Ravenel and Garnet got the Land Company into its living grave, than Gamble and Bulger, with Leggett looming mysteriously in their large shadows, forced the Construction Company into liquidation by a kind demand upon Mattox, Crickwater, and Pettigrew for certain call loans of two years' standing, accepted in settlement their shares of the Widewood lands wrested from the Land Company, and then somehow privately induced Garnet to take ...
— John March, Southerner • George W. Cable

... probably be some addition to the public debt upon the liquidation of various claims which are depending, and a conciliatory disposition on the part of Congress may lead honorably and advantageously to an equitable arrangement of the militia expenses incurred by the several States without the previous ...
— Complete State of the Union Addresses from 1790 to the Present • Various

... payment of the sum of five millions, which the United States Bank had demanded from the government, the greatest part of which had been advanced on account of appropriations, he lamented the necessity, but urged the liquidation. This was the occasion of another personal encounter. In reply to a charge of Gallatin that the Federalists were in favor of debt, Sedgwick alluded to Gallatin's part in the Whiskey Insurrection, and said that none of those gentlemen whom Gallatin had charged with "an object to perpetuate ...
— Albert Gallatin - American Statesmen Series, Vol. XIII • John Austin Stevens

... Tomlinson, "no person of delicacy likes to be subjected to the importunity of vulgar creditors; we must therefore raise money for the liquidation of our debts. Captain Lovett, or Clifford, whichever you be styled, we call upon you to assist us ...
— Paul Clifford, Complete • Edward Bulwer-Lytton

... indebtedness. The actual thousands of earlier commerce were replaced by theoretical millions. His own realty, his personal property, because of such understandings, were outside computation. They were, he knew, reckoned in surprising figures; but in a wide-spread panic, forced liquidation, the greater part of his wealth would break like straw. It was the same with the ...
— The Three Black Pennys - A Novel • Joseph Hergesheimer

... —> 807. Payment.— N. payment, defrayment[obs3]; discharge; acquittance, quittance; settlement, clearance, liquidation, satisfaction, reckoning, arrangement. acknowledgment, release; receipt, receipt in full, receipt in full of all demands; voucher. salary, compensation, remuneration (reward) 973. repayment, reimbursement, retribution; pay &c.(reward) ...
— Roget's Thesaurus • Peter Mark Roget

... moratorium legislation. While recognizing that business conditions had improved, the Court was of the opinion that there was reason to believe that "'the sudden termination of the legislation which has damned up normal liquidation of these mortgages for more than eight years might well result in an emergency more acute than that which the original legislation was ...
— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin

... security, and she is now the largest claimant in the country for the repayment of her money. Another, Wan Teh Sapiah, has also claims of a like nature on several families, and both these ladies willingly undertook to accept of liquidation ...
— The Golden Chersonese and the Way Thither • Isabella L. Bird (Mrs. Bishop)

... when you pressed me for the price of that horse, and I will not increase the debt. What a fool I was again there! Perhaps you do not remember that, when I agreed to buy the horse, the price was to be my contribution to the liquidation ...
— Framley Parsonage • Anthony Trollope

... persuaded in order to double my income—a thing which seemed certain from the prospectus—to invest everything in a new and rich gold mine. Everything. And the mine has never paid anything. The company—it is called the Solid Gold Reef Company, is in liquidation because, though there is really the gold there, it costs too much to get it. I have no relatives anywhere to help me. Unless I can get assistance my children and I must go at once—tomorrow—into the workhouse. Yes, we are paupers. I ...
— Victorian Short Stories, - Stories Of Successful Marriages • Elizabeth Gaskell, et al.

... churches make an annual collection, which shall be brought to the Association, and that the total amount shall be applied to the liquidation of the debt on one chapel, as shall be then and ...
— The Baptist Magazine, Vol. 27, January, 1835 • Various

... judgment: the tax-farming contract, so ably concluded by M. Necker, was all at once quashed; a regie was established; the Discount- fund (Caisse d'Escompte) had lent the treasury six millions: the secret of this loan was betrayed, and the holders of bills presented themselves in a mass demanding liquidation; a decree of the council forbade payment in coin over a hundred livres, and gave the bills a forced currency. The panic became general; the king found himself obliged to dismiss M. d'Ormesson, who was persecuted for a long while by the witticisms ...
— A Popular History of France From The Earliest Times - Volume VI. of VI. • Francois Pierre Guillaume Guizot

... wonder. Mr Walter, accordingly, who had gone in the Centurion, the commodore's vessel, as chaplain, and who, it seems, had been in the habit of keeping memorials of the transactions and occurrences of the squadron, prepared materials for publication, and actually procured subscriptions for the liquidation of its expense. He brought down his narrative to the time of his leaving the Centurion at Macao, when he returned by another conveyance to England. But as the public expectation had been raised very high, some persons, it would appear, suggested ...
— A General History and Collection of Voyages and Travels, Volume 11 • Robert Kerr

... presented by the Khedive of Egypt to the city of New York has safely arrived in this country, and will soon be erected in that metropolis. A commission for the liquidation of the Egyptian debt has lately concluded its work, and this Government, at the earnest solicitation of the Khedive, has acceded to the provisions adopted by it, which will be laid before Congress ...
— Messages and Papers of Rutherford B. Hayes - A Compilation of the Messages and Papers of the Presidents • James D. Richardson

... explain. "I myself called up Miss Fulton on the telephone yesterday, but naturally she was so agitated that she seemed unable to give me any information as to what she intended to do regarding the—er—liquidation of this indebtedness." ...
— The Winning Clue • James Hay, Jr.

... this date, Mrs. Kinloch was the Widow Branning. Her husband's small estate had melted like a snow-bank in the liquidation of his debts. She had only one child, Hugh, to support; but in a country town there is generally little that a woman can do to earn a livelihood; and she might often have suffered from want, if the neighbors had ...
— The Atlantic Monthly, Volume 2, Number 9, July, 1858 • Various

... foster industries, and to protect the financial credit of the country. The success of the Republicans was at first doubtful; but the conservative interests became alarmed, and finally the Republicans gained a decisive victory. By the time President McKinley was inaugurated, the period of business liquidation and readjustment was over, confidence had returned, and so the new President became, as campaign placards of his party had announced, "the advance agent of prosperity." The tariff was restored to its older level, the monetary system was reformed, and the ...
— Outline of Universal History • George Park Fisher

... necessary to state, however, that the documents, except certain lists of vessels captured, condemned, or burnt at sea, proper to facilitate the examination and liquidation of the reclamations comprised in the stipulations of the convention, and which by the sixth article France engaged to communicate to the United States by the intermediary of the legation, though repeatedly applied for by the American charge d'affaires ...
— A Compilation of the Messages and Papers of the Presidents - Section 1 (of 2) of Volume 3: Andrew Jackson (Second Term) • James D. Richardson

... the final liquidation of the great collective fortunes. A settlement of accounts, an express or tacit bargain, intervenes between the State and all institutions for instruction, worship and charity. It has taken from the poor, from the young and from believers, 5 milliards of capital and 270 millions of revenue;[31137] ...
— The Origins of Contemporary France, Volume 5 (of 6) - The Modern Regime, Volume 1 (of 2)(Napoleon I.) • Hippolyte A. Taine

... war in Brittany, La Vendee, and part of Normandy, coincided in time with the final wreck of the baron's fortune; and this wreck, coming at this time, led him to undertake an expedition to capture funds of the government which he might apply to the liquidation of the claims upon his property. But his wife and friend refused to take part in applying to private interests the money taken by armed force from the Receiver's offices and the couriers and post-carriages of the government,—money taken, as they thought, justifiably ...
— The Brotherhood of Consolation • Honore de Balzac

... The common mind could not well perceive that the salary was not so much yielded for what was expected of the office, as for what had already been performed. It was not given for present, but for past services. It was the payment of a debt incurred, not a simple appropriation for the liquidation of one growing out of current performances. Legislative reformers waged constant war against it, and it was finally cut down to five hundred dollars. A smile of fortune,—one of the fairest perhaps, that had ever shone on ...
— The Life of Francis Marion • William Gilmore Simms

... in different ink from the words. How do you account for that?' I thought his answer rather long in coming, though when it did come it was calm, if not studied. 'I presume,' said he, 'that the sum was inserted at Sutherlandtown, after Mr. Orr was quite sure just how much he could spare for the liquidation of this old debt.' 'Very likely,' I assented, not bestowing another thought upon ...
— Agatha Webb • Anna Katharine Green

... the liberty and commerce of their country, as the true basis of its power, they consulted its interests, they asserted its honor abroad, with temper and with firmness; by making an advantageous treaty of commerce with Russia; by obtaining a liquidation of the Canada bills, to the satisfaction of the proprietors; by reviving and raising from its ashes the negotiation for the Manilla ransom, which had been extinguished and ...
— The Works of the Right Honourable Edmund Burke, Vol. I. (of 12) • Edmund Burke

... you more latitude in settling up the estate in your hands. I said we were willing to accept that property at a fair valuation, thinking it would offer a desirable mode of liquidation. It is for you to say yea or nay to us; not Ralph Dewey. If you cannot gain his consent to the transfer, there is an end ...
— The Allen House - or Twenty Years Ago and Now • T. S. Arthur

... "suspension," and "going into liquidation," were heard, there might have been some reason in the practice of "laying up;" but now it denotes the darkest blindness. The prudent men of the present time, are the men in debt. The tendency being to sacrifice creditors ...
— McGuffey's Sixth Eclectic Reader • William Holmes McGuffey

... until it has reached a development too seriously out of harmony with the habits of the organism taken collectively, then the organism holds itself excused from further effort, throws up the whole concern, and takes refuge in the liquidation and reconstruction of death. It is only on the relinquishing of further effort that this death ensues; as long as effort endures, organisms go on from change to change, altering and being altered—that is to say, ...
— Luck or Cunning? • Samuel Butler

... Bourse in Paris, he made a peculiar bargain with the cashier Castanier, who transferred to him, in exchange for his own individuality, the power which he had received from John Melmoth, the Englishman. [Melmoth Reconciled.] He was interested in the third liquidation of Nucingen in 1826, a settlement which made the fortune of the Alsatian banker whose "man of straw" he was for some time. [The Firm of Nucingen.] He was associated with Cerizet who deceived him in a deal about ...
— Repertory Of The Comedie Humaine, Complete, A — Z • Anatole Cerfberr and Jules Franois Christophe

... bottle was filled and returned to the second mate, he slipped it in his pocket, and in a very matter-of-fact manner began to make arrangements for the liquidation of the debt, at a convenient period. The saloon-man naturally resented any discussion of this character, and told his customer to either pay for the liquor or return it right away. Assuming an air of injured innocence, our friend ...
— My Native Land • James Cox

... insufficient to warrant the flotation of the concern at the time, but you apparently lost your heads over those specimens, and you overruled me. Now it's unpleasantly evident that we cannot expect to go on much longer, and I venture to predict a voluntary liquidation during the ...
— The Gold Trail • Harold Bindloss

... interest on the loans is required to be paid semiannually out of the semiannual dividends accruing upon the said stock; and the surplus of such dividends, after paying the said interest, is to be converted into a sinking fund for the payment and liquidation of said loans. The bill, as the title purports, simply provides for the transfer of the stock now held by the State in the Planters' Bank, and that the same shall be invested in the stock of the Mississippi Railroad Company, leading from Natchez to Canton, which has banking ...
— The Continental Monthly, Vol. IV. October, 1863, No. IV. - Devoted to Literature and National Policy. • Various

... stakes played for, it is true, on the "credit system" generally, to be evened-up on pay-day. But when that time came around such good feeling existed that "poker debts," as they were called, were seldom ever thought of, and the game would continue with its varying successes without ever a thought of liquidation. You might often see a good old Methodist or a strict Presbyterian earnestly engaged in a "five cent antie" game, but never take his friend's money, even if honestly won. Something had to be done to pass away the time, and card-playing was ...
— History of Kershaw's Brigade • D. Augustus Dickert

... pounds, towards the liquidation of the public debt; that on the subject of the army and navy he was prepared to make considerable concessions, provided the power of the sword were, after a certain period, to revert unimpaired to him and his successors; ...
— The History of England from the First Invasion by the Romans - to the Accession of King George the Fifth - Volume 8 • John Lingard and Hilaire Belloc

... Limited, is in course of formation to work me. An influential directorate has been secured, and I shall myself join the Board after allotment. CAS. Am I to understand that the Queen of Barataria may be called upon at any time to witness her honoured sire in process of liquidation? DUCH. The speculation is not exempt from that drawback. If your father should stop, it will, of course, be necessary to wind him up. CAS. But it's so undignified—it's so degrading! A Grandee of Spain turned into a public company! Such a thing ...
— The Complete Plays of Gilbert and Sullivan - The 14 Gilbert And Sullivan Plays • William Schwenk Gilbert and Arthur Sullivan

... Esq., we beg to enclose a draft for the sum of L650, being the value of the interest in the Bona Fide Gold Company, Limited (in liquidation), which stands in your name on the books of the company. Please sign enclosed receipt and ...
— The Ivory Child • H. Rider Haggard

... You will advertise one morning that two-thirds of the capital having been unsuccessfully sunk in the enterprise, you are compelled to apply for a winding-up of the Company under Article XVII. Six months afterwards you will announce that the liquidation of the Company has, after all expenses have been paid, left no balance whatsoever. Then you wash your hands of the whole thing, and the matter is ...
— The Champdoce Mystery • Emile Gaboriau

... of what he calls death among what he calls the living, whereas he could by no means introduce life into his system if he started without it. Death is deducible; life is not deducible. Death is a change of memories; it is not the destruction of all memory. It is as the liquidation of one company, each member of which will presently join a new one, and retain a trifle even of the old cancelled memory, by way of greater aptitude for working in concert with other molecules. This is why animals feed on grass and on each other, ...
— Unconscious Memory • Samuel Butler

... piece together the broken structure of human society. For over a year no law but force had been known in these regions, and many old wrongs and private wounds demanded liquidation. I made many journeys to outlandish villages and settlements, with a small personal escort, fixed a table in the centre of the street, and with the aid of the parish priest and the president of the local council, heard and decided disputes, public and private, from threats ...
— With the "Die-Hards" in Siberia • John Ward

... dealers, who frequently squander them away in gambling and debauchery. The lower classes are almost all in a chronic state of debt. The merchant trusts them again and again, till the amount is something serious, when he brings them to court and has their services allotted to him for its liquidation. The debtors seem to think this no disgrace, but rather enjoy their freedom from responsibility, and the dignity of their position under a wealthy and well-known merchant. They trade a little on their own account, and both parties seem ...
— The Malay Archipelago - Volume II. (of II.) • Alfred Russel Wallace

... efficiency, or progress in the industrial arts, profits will continue to be satisfactory and may even be on the increase. If, on the other hand, the price decline results from the occurrence of those short periods of forced liquidation known as crises, and is accompanied by that state of recuperative and cautious business activity known as depression, profits in most industries are apt to be quite low. Such was the 1893-96 period in the United ...
— The Settlement of Wage Disputes • Herbert Feis

... and the Statute of the ESCB. The full exercise of their powers shall start from the first day of the third stage. 2. As soon as the ECB is established, it shall, if necessary, take over tasks of the EMI. The EMI shall go into liquidation upon the establishment of the ECB; the modalities of liquidation are laid down in the Statute of the EMI. 3. If and as long as there are Member States with a derogation, and without prejudice to Article 106(3) of this Treaty, the general Council of the ECB referred to in ...
— The Treaty of the European Union, Maastricht Treaty, 7th February, 1992 • European Union

... promise that after this month no more bills shall be drawn on me keeps up my spirits and affords me the greatest satisfaction." By the following summer the accounts between France and the States were in course of liquidation, and Franklin called the attention of Livingston to the fact that the king practically made the States a further present "to the value of near two millions. These, added to the free gifts before made to us at different times, ...
— Benjamin Franklin • John Torrey Morse, Jr.

... paid by the purchasers,—if not, the inmates of St. Luke's have offered to subscribe for their liquidation. ...
— Punch, or the London Charivari, Volume 1, Complete • Various

... head. "That's not enough. This calls for liquidation. I want a special squad on this one." She began writing names on a sheet of paper, names of some of the most effective unscrupulous yet faithful operators in ...
— The Deadly Daughters • Winston K. Marks

... are attributed to carelessness. At the naval office it was stated that the balance in favor of the government, of the many and large errors which they discover in the customhouse accounts of the liquidation of vessels and statements of refund, amounts to about a million and a half ...
— Recollections of Forty Years in the House, Senate and Cabinet - An Autobiography. • John Sherman

... good deal of Yerbury gossip to him, but it had been mostly of the pleasant order. When he dropped into Maverick's office the next day, and was welcomed so heartily that it was like a brother's greeting, he listened to the other side. Affairs were worse than ever. The bank had gone into liquidation, and would pay about forty per cent. Property mortgages had been foreclosed right and left; there was nothing, scarcely, doing; there had been want and misery and sickness, and now ...
— Hope Mills - or Between Friend and Sweetheart • Amanda M. Douglas

... wandering kindness and send it along. I'd get a scrap of paper, if I were you, and write it down: 'Five dollars received of Dr. Frank Winthrop'; and when you use something for some needy person, consider that it is so much toward the liquidation of the debt and write it opposite: 'Paid Dr. Frank Winthrop, so and ...
— Divided Skates • Evelyn Raymond

... kemp," said he, "and getting into the open air—sub diu, Mr. Hycy—I felt a general liquidation of my whole bodily strength, with a strong disposition to make short excursions to the right or to the left rather than hold my way straight a-head, with, I must confess, an equal tendency to deposit my body ...
— The Emigrants Of Ahadarra - The Works of William Carleton, Volume Two • William Carleton

... remain undischarged, or that his father's name should not rest in peace as well as his body and soul. He requested, therefore, from the laird, the amount due to him, and despatched almost the whole of it for the liquidation of this debt, so that he was now as unprovided as before for the expenses of the coming winter at Aberdeen. But, about the same time, a fellow-student wrote to him with news of a situation for the summer, worth three times as much as his present one, and to be procured through ...
— David Elginbrod • George MacDonald

... States a condition frightful to contemplate. The mass of debts is piling up at a ratio that absolutely threatens, if a halt in the automatic process is not soon called, a universal insolvency. Indeed a general liquidation is already impossible. He is no alarmist who counsels a timely and rational remedy as not only demanded by justice, but as anticipatory of violent readjustment. Under such disquieting conditions is it not as ...
— The Arena - Volume 18, No. 92, July, 1897 • Various

... attends to shipping goods. SILENT PARTNER. One who shares in the profits of a firm, though his name does not appear, nor does he take an active part in its affairs. SINKING FUND. A sum of money set apart for the liquidation of debts. STOCK. Capital invested in trade. Goods on hand. CAPITAL STOCK. The capital of a corporation as shown by its shares. COMMON STOCK. That stock which entitles the owner to an equal proportionate dividend of the corporate ...
— Business Hints for Men and Women • Alfred Rochefort Calhoun

... seized the bait like a trout in the Bonaparte, and made a deposit of five thousand dollars. Shortly afterwards the company went into liquidation, and his six thousand dollars sailed away with the worthless liquid into the sea ...
— Skookum Chuck Fables - Bits of History, Through the Microscope • Skookum Chuck (pseud for R.D. Cumming)

... expenses of the navy shall be found. I have myself, during the last month, paid the Greeks in the naval service; but whilst I see that even the share of prizes claimed by Government is diverted from its proper use, I shall not continue to be answerable for future expenses, nor for the liquidation of the just claims of the foreign officers, which they have had the patience to leave in arrears for ...
— The Life of Thomas, Lord Cochrane, Tenth Earl of Dundonald, Vol. II • Thomas Lord Cochrane

... in fact, becoming as obsolete as the Monopoly of Power enjoyed by the Roman Empire. It is a bankrupt policy which went into liquidation in 1914, and the high court of public opinion demands a reconstruction. The principle of that reconstruction was stated by President Wilson, a great seer whose ultimate fame will survive the obloquy in which he has been involved by the exigencies of American ...
— Essays in Liberalism - Being the Lectures and Papers Which Were Delivered at the - Liberal Summer School at Oxford, 1922 • Various

... mineral conditions, of a more permanent nature, was the liquidation of German ownership and control of minerals in allied countries, and in some cases even in ...
— The Economic Aspect of Geology • C. K. Leith

... great discontents in the army were developed. It prevailed equally among officers and private soldiers, and originated in the destitute condition of the troops at that time, and the conviction that the army would be disbanded without provision being made for the liquidation of the claims upon the government for the pay of arrearages, and the promised half-pay of the officers for a term of years after the conclusion of the war. The prospect was, indeed, gloomy. For a long time the public treasury had been empty; and thousands of the soldiers, ...
— Washington and the American Republic, Vol. 3. • Benson J. Lossing

... Ross; the chance that some obnoxious neighborhood growth would affect the territory he had selected as residence territory; the fact that difficult money situations might reduce real estate values—in fact, bring about a flurry of real estate liquidation which would send prices crashing down and cause the failure of strong promoters, even such promoters for instance, ...
— Jennie Gerhardt - A Novel • Theodore Dreiser

... rumour that the Benvenuto will pay in future. "I hear," said my friend the Mate, "I hear, Mr. McAlnwick, that she has been reconstructed." By which he means that certain financial props have been introduced into her economy, and she is no longer in liquidation. The Mate glories in a four-hour watch, and the Innovation takes the eight ...
— An Ocean Tramp • William McFee

... Intercolonial Deep Boring Company. The bore has a depth of 4,010 feet, and a flow of 720,000 gallons of water per day, the temperature being 182 degs. Fahrenheit. It had many vicissitudes during its eight years' sinking. Two other companies went into liquidation in ...
— Reminiscences of Queensland - 1862-1869 • William Henry Corfield

... State bonds the direct tax now due from that State to the United States, or that delay of payment may be authorized until the State can by the sale of its bonds or by taxation make provision for the liquidation of the indebtedness. ...
— A Compilation of the Messages and Papers of the Presidents - Section 2 (of 2) of Volume 6: Andrew Johnson • James D. Richardson

... was their only gleam of success. They were both nearly spent. Hoopdriver, indeed, was quite spent, and only a feeling of shame prolonged the liquidation of his bankrupt physique. From that point the tandem grained upon them steadily. At the Rufus Stone, it was scarcely a hundred yards behind. Then one desperate spurt, and they found themselves upon a steady downhill stretch among thick pine woods. Downhill nothing ...
— The Wheels of Chance - A Bicycling Idyll • H. G. Wells

... great trouble when he, who used to be so particularly civil, could write in that strain to me. Now, Aileen, I want your opinion on a certain point. In consequence of your economical ways, my love, I find myself in a position to give fifty pounds this half-year towards the liquidation of my debts." ...
— Under the Waves - Diving in Deep Waters • R M Ballantyne

... actual harm I can do, I leave you to valuate for yourself. But without going so far, Mr. Dodd, and without in any way inconveniencing myself, I could make things very uncomfortable. For instance, Mr. Pinkerton's liquidation. You and I know, sir—and you better than I—on what a large fund you draw. Is Mr. Pinkerton in the thing at all? It was you only who knew the address, and you were concealing it. Suppose I should ...
— The Wrecker • Robert Louis Stevenson and Lloyd Osbourne

... Altar, father of Richard, did not believe in failure or exposure or public obloquy. His lode-star was success and when the forward speed of success threw out its selectors and went suddenly into reverse the liquidation of his affairs was conducted by the firm of Colt and was covered in a single report. ...
— Men of Affairs • Roland Pertwee

... of a well-weighed purpose. Obstacles, however, may arise, and difficulties occur, such as I have daily to obviate or to surmount, in shape of impatient creditors, who, if they were not led to just understanding of circumstances, would not wait two years for a final liquidation of private claims, with an inventory before them in the Commons of property to the amount of L200,000, but would jump forward to their own and my loss. One of the two years I have now securely in hand; the crop of 1789 being shipped from Christmas to March, of produce all grown, ...
— Memoirs of the Court and Cabinets of George the Third, Volume 2 (of 2) - From the Original Family Documents • The Duke of Buckingham

... never could understand. But it was dreadful. When we were poor my father had never been in debt. But when he launched out into business on a large scale, he had to incur liabilities. When the business went into liquidation he owed more money than Mr Mangan had ...
— Heartbreak House • George Bernard Shaw

... creditors whose interest, like that of the bankrupt, is to arrive at the concordat as fast as possible. Skilful creditors will approach dull creditors or very busy ones, give an ugly look into the failure, and buy up their claims at half what they are worth at the liquidation; in this way they get back their money partly by the dividend on their own claims, partly from the half, or third, or fourth, gained on these ...
— Rise and Fall of Cesar Birotteau • Honore de Balzac

... late Empire, helped to build up with the aid of considerable subsidies, should not have been permitted to fall an easy prize into the lap of Italy, but ought rather to constitute an asset in the liquidation of the late Austrian State and a subject of public discussion.... In consequence of the Italian attitude towards Austria on the one hand and the Slovenes on the other, the Austrians made an attack from northern Carinthia near Christmas and despoiled ...
— The Birth of Yugoslavia, Volume 2 • Henry Baerlein

... money to secure title to lands which he would unload upon unsuspecting settlers. State banks had met these demands by liberal issues of notes which were imperfectly covered by their specie reserves. It needed only a sudden demand for liquidation to ...
— Union and Democracy • Allen Johnson

... on. 'Of course! I might have expected it!' John exclaimed savagely, two days later, when he received a circular to the effect that a small and desperate minority of shareholders were trying to put the famous brewery company into liquidation under the supervision of the Court. The shares fell another five in twenty-four hours. The Bursley Conservative Club knew positively the same night that John had 'got out' at a ruinous loss, and this episode seemed to give vigorous life to ...
— Leonora • Arnold Bennett

... prize-money, due to the officers and crew of the Alliance, for prizes taken in Europe, under the command of Captain Jones. That officer has been here, under the direction of Congress, near two years, soliciting the liquidation and payment of that money. Infinite delays had retarded the liquidation till the month of June. It was expected, when the liquidation was announced to be completed, that the money was to be received. The M. de Castries doubted the authority of Captain Jones to receive it, and wrote to me ...
— Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson - Volume I • Thomas Jefferson

... were in one hand, that one holder would have had in his Ordinary shares a claim to the total assets of the company, that is to say, to its earning power as long as it is a going concern, and to whatever its assets realise if it went into liquidation; the fact that L1,000,000 worth of the assets had been bought out of past profits or premiums paid on new issues of shares would have already added to the value of the claim that he had on the property of the company, and ...
— War-Time Financial Problems • Hartley Withers

... the entry of what he calls death among what he calls the living, whereas he could by no means introduce life into his system if he started without it. Death is deducible; life is not deducible. Death is a change of memories; it is not the destruction of all memory. It is as the liquidation of one company each member of which will presently join a new one, and retain a trifle even of the old cancelled memory, by way of greater aptitude for working in concert with other molecules. This is why animals feed on grass and on each other, and cannot ...
— Selections from Previous Works - and Remarks on Romanes' Mental Evolution in Animals • Samuel Butler

... outline. But none of them will present any great difficulties, for in each case the business proprietor, when he voluntarily decides to emigrate, will settle with the Company's officers in his district on the most advantageous form of liquidation. ...
— The Jewish State • Theodor Herzl

... worked on the sober side of the bar in Kenealy's cafe. You and I stood, one-legged like geese, on the other side and went into voluntary liquidation with our week's wages. Opposite danced Con, clean, temperate, clear-headed, polite, white-jacketed, punctual, trustworthy, young, responsible, ...
— The Trimmed Lamp and Others • O Henry

... of 250,000 livres as her share of the property of a wealthy kinsman, one Despeignes-Duplessis, a country gentleman, who some four years before had been found murdered in his house under mysterious circumstances. The liquidation of the Duplessis inheritance, as soon as the law's delay could be overcome, would place the Derues in a position of affluence fitting a Cyrano de Bury and ...
— A Book of Remarkable Criminals • H. B. Irving

... hands, and managed them with such prudence and economy that, notwithstanding they have five children, the expenses, all told, are not over eight hundred dollars a year, and half of the surplus, four hundred dollars, is appropriated to the liquidation of debts contracted since their marriage, and the other half deposited in the savings' bank, as a fund for the education of their children in the higher branches, when they ...
— Graham's Magazine, Vol. XXXII No. 4, April 1848 • Various

... the reign of James II. a fort was erected by British traders at the mouth of the river (1686), and for many years their only traffic was in slaves. The territory became recognised as a British possession under the Treaty of Versailles, and on the enforced liquidation of the chartered company it [page 12] was incorporated with the Crown as one of the West African settlements. Until 1843, when it was granted separate government, it was administered by the Governor of Sierra Leone. In 1868 it was again annexed to Sierra ...
— Gambia • Frederick John Melville

... that the first bailiff at Hellebergene had once been agronomist and forester on a large concern which was in liquidation, Helene had taken such a fancy to him, that when she was not at school, she went with him everywhere; and, indeed, he was a wonderful old man. During these rambles she had learned all that he could teach her. He had an especial gift for forestry. It was a development ...
— Absalom's Hair • Bjornstjerne Bjornson

... year in the month of Chait (March) the tribe offer a goat and a cocoanut to Mata, the deity of cholera and smallpox. They bow daily to the sun with folded hands, and believe that he is of special assistance to them in the liquidation of debt, which the Bhunjias consider a primary obligation. When a debt has been paid off they offer a cocoanut to the sun as a mark of gratitude for his assistance. They also pay great reverence to the tortoise. They ...
— The Tribes and Castes of the Central Provinces of India - Volume II • R. V. Russell



Words linked to "Liquidation" :   destruction, liquidate, extermination, execution, devastation, conclusion, settlement, murder, slaying



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