winding-up
noun
wind·ing-up
ˌwīn-diŋ-ˈəp 
British
: the process of liquidating the assets of a partnership or corporation in order to pay creditors and make distributions to partners or shareholders upon dissolution
Examples of winding-up in a Sentence
Recent Examples on the Web
Evergrande’s winding-up petition case number is HCCW 220/2022.
—
TIME, 29 Jan. 2024
Fortune Country Garden gets a winding-up petition A creditor of Country Garden, the Chinese mega-developer that defaulted on its debt last October, filed a winding-up petition in Hong Kong court.
—Peter Vanham, Fortune, 28 Feb. 2024
The company said Wednesday that creditor Ever Credit Limited filed a winding-up petition over HK$1.6 billion ($204.5 million) in unpaid loans, according to a filing with the Hong Kong Stock Exchange.
—Yue Wang, Forbes, 27 Feb. 2024
The winding-up petition was filed by Ever Credit Limited, which had lent Country Garden a term loan facility worth 1.6 billion Hong Kong dollars ($204.5 million), the developer said in a Wednesday stock exchange filing.
—Juliana Liu, CNN, 27 Feb. 2024
Liquidation Demanded Officially, a winding-up petition to liquidate Farfetch Limited was filed by Wilmington Trust, acting on behalf of the Ad Hoc Group whose members hold more than 50% of Farfetch 3.75% convertible notes due in 2027.
—Pamela N. Danziger, Forbes, 10 Feb. 2024
Such orders mean that the court would regulate the winding-up process, potentially including appointing a liquidator.
—TIME, 29 Jan. 2024
The first session on the winding-up petition is scheduled for 9:30 a.m. local time.
—Nicholas Gordon, Fortune Asia, 26 Jan. 2024
The developer faces a winding-up hearing in Hong Kong on Dec. 4, which may put the company at risk of liquidation.
—Bylionel Lim, Fortune, 24 Nov. 2023
TIME, 29 Jan. 2024
Fortune Country Garden gets a winding-up petition A creditor of Country Garden, the Chinese mega-developer that defaulted on its debt last October, filed a winding-up petition in Hong Kong court.
—Peter Vanham, Fortune, 28 Feb. 2024
The company said Wednesday that creditor Ever Credit Limited filed a winding-up petition over HK$1.6 billion ($204.5 million) in unpaid loans, according to a filing with the Hong Kong Stock Exchange.
—Yue Wang, Forbes, 27 Feb. 2024
The winding-up petition was filed by Ever Credit Limited, which had lent Country Garden a term loan facility worth 1.6 billion Hong Kong dollars ($204.5 million), the developer said in a Wednesday stock exchange filing.
—Juliana Liu, CNN, 27 Feb. 2024
Liquidation Demanded Officially, a winding-up petition to liquidate Farfetch Limited was filed by Wilmington Trust, acting on behalf of the Ad Hoc Group whose members hold more than 50% of Farfetch 3.75% convertible notes due in 2027.
—Pamela N. Danziger, Forbes, 10 Feb. 2024
Such orders mean that the court would regulate the winding-up process, potentially including appointing a liquidator.
—TIME, 29 Jan. 2024
The first session on the winding-up petition is scheduled for 9:30 a.m. local time.
—Nicholas Gordon, Fortune Asia, 26 Jan. 2024
The developer faces a winding-up hearing in Hong Kong on Dec. 4, which may put the company at risk of liquidation.
—Bylionel Lim, Fortune, 24 Nov. 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'winding-up.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near winding-up
Cite this Entry
“Winding-up.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/winding-up. Accessed 25 Apr. 2024.
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