Liquidation
in sentence
42 examples of Liquidation in a sentence
One in which we stop treating the planet as if it were some kind of business in
liquidation.
In recent historic times, about 96 percent of the Coast Redwood forest was cut down, especially in a series of bursts of intense
liquidation
logging, clear-cutting that took place in the 1970s through the early 1990s.
We should call it what it is: a business in liquidation, a business that's quickly eroding ecological capital that makes that very production possible.
The DVD, which I bought at a
liquidation
store, sat in the player for three months, watching a chapter here, a chapter there, until I got into the eighth chapter.
Banks are highly leveraged institutions with relatively small capital bases, so even a relatively small decline in the prices of assets that they or their borrowers hold can leave them unable to pay off depositors, no matter how long the
liquidation
process.
Economic liberalization, deregulation of capital movements, suppression of subsidies, privatization of valuable public assets
(liquidation
would be a more appropriate word), fiscal austerity, high interest rates, and repressed demand became the order of the day.
Despite the bail-in of four local banks, the bailout of Monte dei Paschi (one of Italy’s systemically important banks), the
liquidation
of two regional banks, and the market-led rescue of the mid-size banking group Carige – all within two years – the banking system has yet to be stabilized.
Some groups have gone into voluntary liquidation; others have been suppressed for not complying with regulations; and still others are in exile.
By law in the US, new approaches superseding established bankruptcy procedures dictate the demise rather than the rescue of failing firms, whether by sale, merger, or
liquidation.
Unlike the Bankruptcy Law, the administrative procedure has a different hierarchy of
liquidation
priorities: what a bankrupt SOE owes to its employees and the resettlement charges must be covered first and foremost by its total assets, including the enterprise’s collateral, in order to reduce dependence on local governmental budgets.
The procedure abolishes the
Liquidation
Team, a long-standing regime that many alleged was unjust, aggressive in administrative intervention, unprofessional, and unaccountable.
And if the
liquidation
rate for creditors’ common claims is defined as no lower than that at the time the draft restructuring plan was submitted for approval, compensation must be considered in the event that payment is delayed.
To prevent fraud, an acute problem in the past, the new law established a “right of rescission,” whereby the receiver can ask courts to rescind any action by a debtor that involves fraud, evasion, or unfair
liquidation
in the prescribed period before a bankruptcy petition is accepted and assets recovered.
The system now holds the key to fairness
liquidation.
Above all, the central bank must ensure that the money supply is large enough that mere illiquidity, rather than insolvency, does not force banks into bankruptcy and
liquidation.
Of course, the deliberate restriction of the effects of bankruptcy to accounts other than private current, savings, and fixed-term deposits means that the insolvency of bank A could lead to the insolvency of bank B. For bank B, too, the same
liquidation
scenario would apply: savings deposits would be safe, payments could be made from its customers’ current deposits, and loans that it granted to non-financial companies would not be revoked.
This might trigger a positive domino effect as well, as other states – on grounds of international financial integration – adopt similar procedures for controlled
liquidation
of their own insolvent banks.
But, before the economy reached bottom, the stimulus was turned off, and austerity – accelerated
liquidation
of budget deficits, mainly by cuts in spending – became the order of the day.
His most recent effort was the
liquidation
of the “Vostok” battalion, despite its being an integral part of the Russian army.
The US Treasury report examined whether to replace the 2010 Dodd-Frank Act’s regulator-led process for resolving failed mega-banks – the Orderly
Liquidation
Authority (OLA) – with a solely court-based mechanism.
It would represent a decisive step toward unified European banking supervision, which could imply easier
liquidation
of non-viable institutions.
Evidence that the inmates were running the asylum would almost certainly precipitate the wholesale
liquidation
of US Treasury bonds by foreign investors.
So debate about privatization should have been transformed into a debate about
liquidation.
To be sure, it is now recognized that the West exported to the rest of the world not only many wonderful accomplishments but also less praiseworthy values, resulting in the forcible
liquidation
of other cultures, suppression of other religions, and fetishism of incessant economic expansion regardless of its qualitative effects.
Keynes begged the policymakers of his time to ignore the “austere and puritanical souls” who argue for “what they politely call a ‘prolonged liquidation’ to put us right,” and professed that he could “not understand how universal bankruptcy can do any good or bring us nearer to prosperity.”
International relations today are at their most volatile since Joseph Stalin’s final months in power, when he created a three-part strategy to restore his authority: preparation for a third world war,
liquidation
of the Communist Party hierarchy, and exterminationist anti-Semitism.
In an ideal world, the competition-stability trade-off could be regulated away with sophisticated risk-based insurance mechanisms, credible
liquidation
and resolution procedures, contingent convertibles, and capital requirements with charges for systemic institutions.
The debt-deflation cycle begins with an imbalance or displacement, which fuels excessive exuberance, over-borrowing, and speculative trading, and ends in bust, with procyclical
liquidation
of excess capacity and debt causing price deflation, unemployment, and economic stagnation.
Impassive capital now ignores deceptive market signals, and the
liquidation
of untenable mal-investment percolates through the system as immutable time preferences prevail.
Whereas for Hayek recovery requires the
liquidation
of excessive investments and an increase in consumer saving, for Keynes it consists in reducing the propensity to save and increasing consumption in order to sustain companies’ profit expectations.
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