LEGAL WORD
Winding up
Legal term · Corporate law
Winding up
- Type: Legal term
- Area of law: Corporate law
1 What it means
Ending a company's existence by selling its assets and paying creditors.
2 Use it in a sentence
The company went into winding up after failing to revive.
3 Make it stick
Write your own sentence using Winding up about a case or topic you are studying this week, then check it against the meaning above.
4 Related words
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