| 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 |