What is the definition of Winding up? | Dictionary.net

WINDING UP

\wˈa͡ɪndɪŋ ˈʌp], \wˈa‍ɪndɪŋ ˈʌp], \w_ˈaɪ_n_d_ɪ_ŋ ˈʌ_p]\

Definitions of WINDING UP

2010 - Legal Glossary Database

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The process of paying off expenses and creditors, settling accounts, and collecting and distributing (to shareholders and owners) whatever assets then remain, all with the ultimate goal of liquidating or closing down a corporation or partnership.

2010 - Legal Glossary Database
By Oddity Software

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