Money Mail 167 - What is a liquidation?

What this episode covers

Recently you may have seen more stories about businesses going into ‘liquidation’, which can be tricky to understand. We are going to go over some basics of what liquidation is and how it can happen. Liquidation is effectively winding up the operations of a business and selling or distributing the assets of the business to cover the debts that it owes (to what are called creditors).Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it.Find us here:@keepthechange_nz https://www.keepthechange.co.nz/ Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of Keep The Change?

This episode is 25 minutes long.

When was this Keep The Change episode published?

This episode was published on July 22, 2023.

What is this episode about?

Recently you may have seen more stories about businesses going into ‘liquidation’, which can be tricky to understand. We are going to go over some basics of what liquidation is and how it can happen. Liquidation is effectively winding up the...

Can I download this Keep The Change episode?

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