preliquidating

Example:The company decided to preliquidate some of its assets to have cash on hand before filing for bankruptcy.

Definition:To sell or dispose of assets before a bankruptcy filing or other major financial restructuring.

Example:The company had to preliquidate its properties in order to meet its financial obligations.

Definition:To sell or dispose of properties before a bankruptcy filing or other major financial restructuring.

Example:Before the company faced financial troubles, it preliquidated its inventory to avoid future losses.

Definition:To sell or dispose of inventory before a bankruptcy filing or other major financial restructuring.

Example:The company had preliquidated its assets, which provided some financial cushion during the bankruptcy process.

Definition:Disposed of assets before a bankruptcy filing or other major financial restructuring.

Example:The company developed a preliquidation plan to minimize losses during its restructuring phase.

Definition:A plan to dispose of assets, properties, or inventory before a bankruptcy filing or other major financial restructuring.