Reimbursement vs Liquidation - What's the difference?
reimbursement | liquidation |
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 nouns the difference between reimbursement and liquidation
is that reimbursement is the act of compensating someone for an expense while liquidation is the act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.liquidation
English
Noun
(en noun) (wikipedia liquidation)- The store is having a liquidation sale, everything must go as they go out of business.
