liquidator
B2CEFR level
70/100Rarity: rare
TechnicalRegister
Law noun
The officeholder appointed to conduct the winding-up of a company, realise its assets and distribute the proceeds.
The liquidator disclaimed the onerous lease and investigated the directors' pre-insolvency conduct.
Business noun
An official appointed to wind up an insolvent company and distribute its assets to creditors.
The liquidator sold the remaining stock to repay the secured lenders first.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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