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4.Liquidation: In the case of an insolvent company, the process of selling off its assets, paying off its debts, and distributing the remaining cash to owners/shareholders (to liquidate a company).
5.Reliance on the intention and ability of a purchaser to pay in the future; credit.
6.To liquidate(a debt, such as a mortgage) by installment payments or payment into a sinking fund.
7.In the region itself, Indonesia, worst hit by the disaster after an earthquake off its northeast coast started the tidal waves, called for any moratorium to come without conditions.
8.Because the interest rate automatically clicks up if the auction is a dud, hospitals, museums, universities and ports have suddenly found their debt-service bills rising sharply.
9.EXAMPLE:If the Fund is to be the lender of last resort to countries in difficulty, it needs to be confident of being repaid.
10.The Employees Compensation Assistance Scheme provides a safety net for injured employees or dependants of deceased employees such that they can receive compensation from the scheme in cases where employers default payment or insurers become insolvent.


