dividend in liquidation

dividend in liquidation
A payment made to creditors in a bankruptcy proceeding. 9 Am J2d Bankr § 1262. A payment made to creditors in insolvency proceedings. A distribution to stockholders in a corporation or members of a firm or business enterprise of the fund remaining after the liquidation of the business and the payment of creditors. Hellman v Helvering, 63 App DC 18, 68 F2d 763.

Ballentine's law dictionary. . 1998.

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  • dividend — div·i·dend / di və ˌdend/ n 1: the part of corporate net earnings distributed usu. periodically (as quarterly) to stockholders in the form of cash, additional shares, or property either as a set amount per share or a percentage of par value… …   Law dictionary

  • liquidation dividend — Same as dividend in liquidation …   Ballentine's law dictionary

  • liquidation — The act or process of settling or making clear, fixed, and determinate that which before was uncertain or unascertained. Payment, satisfaction, or collection; realization on assets and discharge of liabilities. To clear away (to lessen) a debt.… …   Black's law dictionary

  • liquidation — The act or process of settling or making clear, fixed, and determinate that which before was uncertain or unascertained. Payment, satisfaction, or collection; realization on assets and discharge of liabilities. To clear away (to lessen) a debt.… …   Black's law dictionary

  • Liquidation — Winding up redirects here. For other uses, see Wind up (disambiguation). Not to be confused with liquification, a concept in physics. In law, liquidation is the process by which a company (or part of a company) is brought to an end, and the… …   Wikipedia

  • liquidation — Occurs when a firm s business is terminated. assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders. Any transaction that offsets or closes out a long or short position. Related: buy in, evening up …   Financial and business terms

  • liquidation proceedings — ( interim payment) Euroclear Clearing and Settlement glossary liquidation / liquidating dividend Euroclear Clearing and Settlement glossary Distribution of cash, assets, or both. Debt may be paid in order of priority based on preferred claims to… …   Financial and business terms

  • liquidation — (interim payment) liquidating dividend / liquidation proceedings Distribution of cash, assets, or both. Debt may be paid in order of priority based on preferred claims to assets specified by the security. Security holders may be able to choose… …   Euroclear glossary

  • liquidation proceedings — (interim payment) liquidation / liquidating dividend Distribution of cash, assets, or both. Debt may be paid in order of priority based on preferred claims to assets specified by the security. Security holders may be able to choose the form of… …   Euroclear glossary

  • Common stock dividend — A common stock dividend is the dividend paid to common stock owners from the profits of the company. Like other dividends, the payout is in the form of cash or other like stock. The law may regulate the size of the common stock dividend… …   Wikipedia

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