| 词汇 | winding up |
| 释义 | `1`winding up`2` "LAW.COM Dictionary": n. liquidating the assets of a corporation or partnership, settling accounts, paying bills, distributing remaining assets to shareholders or partners, and then dissolving the business. Winding up a non-profit corporation requires a plan for distribution of assets to some charitable or other non-profit entity under the cy pres doctrine. See also: corporation cy pres doctrine partnership |
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