winding-up

noun

1. the process of finishing or closing something, esp the process of closing down a business

Example Sentences

Begbies Traynor, which describes itself as the "UK's leading corporate rescue and recovery practice", confirmed the winding-up of Salmond's estate would include considering the value of all assets, including rights of action raised against the Scottish government.

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Earlier this month it was revealed that His Majesty's Revenue & Customs was seeking a winding-up petition, with the club owing £1m.

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Sheffield Wednesday have filed a notice to be placed into administration after it was revealed His Majesty's Revenue & Customs were set to issue a winding-up petition against the club.

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Sheffield Wednesday will "imminently" be served with a winding-up petition over money owed to HMRC, reports BBC Radio Sheffield.

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A winding-up petition would increase the pressure on the club's owner Dejphon Chansiri to sell.

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Related Words

• close 
• complete 
• conclude 
• do 
• end up 
• finish up www.thesaurus.com
• settle 
• wrap up