Dictionary of Business Terms: dissolution
dissolution
in corporation law, the end of the legal existence of a corporation, whether by expiration of charter, decree of court, act of legislature, vote of shareholders, or other means.
Dictionary of Finance and Investment Terms: dissolution
dissolution
ending (dissolving) of the legal existence of a corporation after the sale of its assets and the satisfaction of its preferred, secured, and unsecured creditors (in that order), and, finally, its owners.
Dictionary of Real Estate Terms: dissolution
dissolution
termination of an agreement or contract.
Example: Contract dissolution may result from:
- performance
- court order
- agreement of parties
