German NOUN B2 Rank 19057

die Liquidation

liquidation

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Liquidation vs Auflösung

dissolution / solution / resolution

For a company, Auflösung mainly refers to the formal decision or status that it is being ended. Liquidation describes the subsequent winding-up process, in which assets are sold and debts are paid. Use „Auflösung“ for the beginning of the termination and „Liquidation“ for the practical steps involved in winding things up.

Visual example for Auflösung
Liquidation

Während der Liquidation wurden die Maschinen verkauft und die Schulden bezahlt.

During the liquidation, the machines were sold and the debts were paid.

Auflösung

Die Gesellschafter beschlossen gestern die Auflösung des Unternehmens.

The shareholders decided to dissolve the company yesterday.

Open full word page: Auflösung

In real life

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