wind up
C1CEFR level
65/100Rarity: rare
TechnicalRegister
To bring a company's existence to an end by realising its assets and settling its liabilities.
The creditors petitioned the court to wind up the insolvent company.
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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