Meaning of “direct liquidation” in the English Dictionary

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"direct liquidation" in Business English

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direct liquidationnoun [ U ]

uk us FINANCE

a situation in which assets of a bankrupt company are sold directly rather than through another organization:

We are interested in finding vendors interested in bidding on technology auctions and direct liquidation sales of used computer hardware.

(Definition of “direct liquidation” from the Cambridge Business English Dictionary © Cambridge University Press)