Company Dissolution
/ˈkʌmpəni dɪsˈɒluʃən/
Definitions
- (n.) The formal legal process of ending a company's existence by settling debts, distributing any remaining assets, and removing it from the register.
The company dissolution was completed after all creditors were paid and the accounts settled.
Forms
- company dissolution
- company dissolutions
Related terms
See also
Commentary
Company dissolution typically involves statutory procedures and may differ from voluntary winding up depending on jurisdiction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.