winding up

winding up, n. The process of settling accounts and liquidating assets in anticipation of a partnership’s or a cor-poration’s dissolution. Cf. DISSOLUTION(3). [Cases: Corporations 618; Partnership 277. C.J.S. Cor-porations §§ 859, 861–862; Partnership §§ 318–320.] — wind up, vb. — wind up, n.

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词条贡献者

法律翻译亚明，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与汽车与运输有关的法律文件。