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Podcast: Keep The Change
Episode: Money Mail 167 - What is a liquidation?
Description: Recently you may have seen more stories about businesses going into ‘liquidation’, which can be tricky to understand. We are going to go over some basics of what liquidation is and how it can happen. Liquidation is effectively winding up the operations of a business and selling or distributing the assets of the business to cover the debts that it owes (to what are called creditors).Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to...