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Remittance vs Liquidation - What's the difference?

remittance | liquidation | Related terms |

Remittance is a related term of liquidation.


As nouns the difference between remittance and liquidation

is that remittance is a payment to a remote recipient while liquidation is the act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.

remittance

English

Noun

(en noun)
  • A payment to a remote recipient.
  • liquidation

    English

    Noun

    (en noun) (wikipedia 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.
  • The store is having a liquidation sale, everything must go as they go out of business.