Definition for : Liquidator

A "liquidator" is a person or company charged with realising the Assets of a bankrupt companmpany to meet its payment obligations on time. Liquidity also measures the speed at which Assets turn over compared with Liabilities. 2. Liquidity also means cash.
(See Chapter 46 Leveraged buyouts (LBOs) of the Vernimmen)
To know more about it, look at what we have already written on this subject