processing / liquidation
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processing
The organizational execution and completion of a procedure, transaction, or project according to a set plan.
Die Abwicklung des gesamten Bauprojekts verlief ohne größere Probleme.
The processing of the entire construction project went ahead without any major problems.
liquidation
The orderly dissolution and closure of a company, especially in the case of insolvency.
Ein Insolvenzverwalter wurde mit der Abwicklung der Firma beauftragt.
An insolvency administrator was tasked with the liquidation of the company.
'Abwicklung' (processing / liquidation) comes from the verb 'abwickeln' (to process; literally, to unwind). It describes the process of bringing something orderly (like a thread from a spool) to an end. In a figurative sense, it is the orderly completion of a procedure.
Die Abwicklung des Vertrags dauerte mehrere Wochen.
The processing of the contract took several weeks.
This word belongs to formal language and is used mainly in economic, legal, or administrative contexts. In everyday language, people would be more likely to say 'Durchführung' (execution/implementation) or 'Erledigung' (completion/handling).
Bitte kümmern Sie sich um die schnelle Abwicklung der Bestellung.
Please take care of the quick processing of the order.
Common combinations are 'die reibungslose Abwicklung' (smooth processing), 'die finanzielle Abwicklung' (financial processing), or 'die gesamte Abwicklung' (the entire processing). It often describes the organizational part of a process.
Wir hoffen auf eine reibungslose Abwicklung des Verkaufs.
We hope for a smooth processing of the sale.
You can recognize the meaning 'Auflösung eines Unternehmens' (dissolution of a company) from words in the business context such as 'Firma' (company), 'Unternehmen' (enterprise/company), 'Insolvenz' (insolvency), or 'Insolvenzverwalter' (insolvency administrator).
Die Abwicklung des insolventen Unternehmens wird Jahre dauern.
The liquidation of the insolvent company will take years.
dissolution / solution / resolution
Both words can be used when a company is closed, but they draw attention to different parts of the process. Auflösung refers to the company's formal ending, while Abwicklung refers to the subsequent orderly process of closing it down. Use „Auflösung“ for the ending and „Abwicklung“ for the practical process of carrying it out.
Die Abwicklung des Unternehmens wird mehrere Monate dauern.
The liquidation of the company will take several months.
Die Auflösung des Unternehmens wurde zum Jahresende beschlossen.
The company's dissolution was decided for the end of the year.
