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TAKE THE QUIZwinding-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
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Merriam-Webster unabridged
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- The business’s new computer system proved not to be a panacea.


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