Liquidation

A forced sale or voluntary disposition of the security propertyAll the property that serves as collateral for an Agency loan. to obtain funds to repay outstanding debtThat which is due from one person or another; obligation, liability.. The proceeds from the sale are given to leinholders in order of priorityThe Bankruptcy Code's statutory ranking of unsecured claims that determines the order in which unsecured, with any remaining funds returned to the borrowerPerson responsible for repaying a loan who has signed and agreed to the terms in the promissory note..

liquidation

A sale of a debtorThe person or entity that borrows money. The term debtor may be used interchangeably with the term borrower.'s propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. with the proceeds to be used for the benefitAmount payable by the insurance company to a claimant, assignee, or beneficiary when the insured suffers a loss. of creditors.

Liquidation

The closingThe process of completing a financial transaction. For mortgage loans, the process of signing mortgage out of a long(1) One who has bought a futures contract to establish a market position; (2) a market position that positionAn interest in the market, either long or short, in the form of one or more open contracts.. The termThe time period by the end of which a debt must be fully repaid. Also refers to the maturity period is sometimes used to denote closing out a short(1) The selling side of an open futures contract; (2) a trader whose net position in the futures market position, but this is more often referred to as covering. See Cover(1) Purchasing futures to offset a short position (same as Short Covering); see Offset, Liquidation;, OffsetLiquidating a purchase of futures contracts through the sale of an equal number of contracts of the.

Liquidation

The process of dissolving a company by selling its assetsAny item with measurable value. for cashMoney or its equivalent (checks, banknotes, etc.)..