winding-up

noun
wind·​ing-up | \ ˌwīn-diŋ-ˈəp How to pronounce winding-up (audio) \

Definition of winding-up

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

First Known Use of winding-up

circa 1858, in the meaning defined above

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The first known use of winding-up was circa 1858

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Cite this Entry

“Winding-up.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/winding-up. Accessed 26 Oct. 2020.

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