winding-up

noun

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

Example Sentences

A winding-up petition filed against troubled Super League side Salford Red Devils has been adjourned for a second time.

From BBC

In 2016, supporters asked the Welsh Rugby Union to intervene in the ownership of the club and, in 2018, it faced another winding-up petition in court, which was later dismissed, following the collapse of the club's owner Mike Cuddy's construction business Cuddy Group.

From BBC

In their latest report, insolvency experts at Begbies Traynor said a company can be considered in critical financial distress if they have an outstanding county court judgment of over £5,000 or face a winding-up petition.

From BBC

In November 2015, the club was sold to Kelvin Thomas and the Cobblers avoided a winding-up petition over an unpaid debt to HMRC, allowing focus to return to the pitch.

From BBC

Rival developers Country Garden and Shimao have also been hit with a winding-up petitions in the city.

From BBC

Related Words

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