Winding Up Definition

verb

The process of dissolving a partnership or corporation by collecting all assets and outstanding income, satisfying all the creditors claims, and distributing whatever remains (the net assets). These may be distributed as cash or in kind, first to preferred stockholders, if any, and then to remaining shareholders, if any, pro rata. Winding up is in anticipation of a company’s dissolution. See also liquidate.

Webster's New World Law
Present participle of wind up.
Wiktionary
noun

A term used when a company is wound up (goes into liquidation), or when a partnership is dissolved.

Wiktionary

Other Word Forms of Winding Up

Noun

Singular:
winding up
Plural:
windings-up

Winding Up Sentence Examples

  • They would all get together and wash her old car, winding up in a gleeful water fight.

  • The excavations revealed a main road of surprisingly narrow dimensions winding up from the Agora to the Acropolis.

  • It consists of a single street, winding up a deep valley for about 3 m.

  • The custom of the country gradually took the shape of a simultaneous resettlement of all conditions of rural occupation about St George's day (November 24), that is after the gathering of the harvest and the practical winding up of rural work.

  • After the abolition of the state dispensary system in 1907 a State Dispensary Commission was created for winding up the business of the dispensary and distributing about $900,000 (of which $ioo,000 was still due) of dispensary funds.

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Words Starting With

WWIWIN

Words Ending With

PUP

Unscrambles

winding up

Words Starting With W and Ending With P

Starts With W & Ends With PStarts With WI & Ends With PStarts With W & Ends With UP

Word Length

10 Letter Words10 Letter Words Starting With W10 Letter Words Ending With P