liquidator

American  

[lik-wi-dey-ter] / ˈlɪk wɪˌdeɪ tər /

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.

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ˈliquidator British  

/ 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

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Etymology

Origin of liquidator

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

Example Sentences

What they found was that his goods allegedly passed through a chain of little-known distributors, liquidators and third-party sellers from California to New York to Georgia, according to the 180-page lawsuit filed in California.

From The Wall Street Journal

An attorney for the liquidator confessed to losing a bet that landed him in the piercing chair.

From The Wall Street Journal

"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