Reimburse vs Liquidation - What's the difference?
reimburse | liquidation |
To compensate with payment; especially, to repay money spent on one's behalf.
The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
The selling of the assets of a business as part of the process of dissolving the business.
As a verb reimburse
is to compensate with payment; especially, to repay money spent on one's behalf.As a noun liquidation is
the act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.reimburse
English
Verb
(reimburs)- The company will reimburse your expenses for the business trip.
Derived terms
* reimbursable * reimbursement * reimburserHypernyms
* compensate, payliquidation
English
Noun
(en noun) (wikipedia liquidation)- The store is having a liquidation sale, everything must go as they go out of business.