What is the definition of Liquidating partner? | Dictionary.net

LIQUIDATING PARTNER

\lˈɪkwɪdˌe͡ɪtɪŋ pˈɑːtnə], \lˈɪkwɪdˌe‍ɪtɪŋ pˈɑːtnə], \l_ˈɪ_k_w_ɪ_d_ˌeɪ_t_ɪ_ŋ p_ˈɑː_t_n_ə]\

Definitions of LIQUIDATING PARTNER

2010 - Legal Glossary Database
1910 - Black's Law Dictionary (2nd edition)

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The member of an insolvent or dissolving partnership responsible for paying the debts and settling the accounts of the partnership.

2010 - Legal Glossary Database
By Oddity Software

The partner who upon the dissolution or insolvency of the firm, Is appointed to settle its accounts, collect assets, adjust claims, and pay debts. Garretson v. Brown, 185 Pa. 447, 40 Atl. 300.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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