liquidator

[lik-wi-dey-ter]

noun

1. a person who liquidates assets, especially one authorized to do so by a court of law.

2. an official appointed by a court of law to direct the liquidation of a business.

ˈliquidator

/ ˈlɪkwɪˌdeɪtə /

noun

1. a person assigned to supervise the liquidation of a business concern and whose legal authorization, rights, and duties differ according to whether the liquidation is compulsory or voluntary

Word History and Origins

Origin of liquidator¹

First recorded in 1855–60; liquidate + -or ²

Example Sentences

"We have hired private investigators and there have been sightings of him, but we have not been given any hard evidence of a sort of residence or location in a certain place," the liquidator says.

From BBC

In time, Anderson became a retail liquidator, helping to close jewelry and watch stores and sell their remaining inventories.

From Los Angeles Times

The company will now be placed in the hands of the Official Receiver and special managers from consultancy firm Teneo, which has been appointed to run it on behalf of the liquidator.

From BBC

The company owes a total of £119,000 to its patients, according to the liquidator appointed to manage its debts, Cork Gully.

From BBC

The liquidator said the business was "unable to meet rising production costs".

From BBC