liquidación
settlement
The Spanish word 'liquidación' translates to 'settlement' in English. In a business context, 'liquidación' may refer to the process of closing down a business and distributing its assets. It's also commonly used in retail to refer to the sale of goods at extremely low prices because the store is closing down. Lastly, in a legal context, 'liquidación' might refer to the settlement of an estate, debt or a lawsuit.
Example sentences using: liquidación
Mi tienda favorita está teniendo una gran liquidación de ropa de verano.
My favorite store is having a big clearance sale of summer clothes.
This sentence explains a scenario where someone's preferred shop is having a discount on summer clothes. The word 'liquidación' is used to indicate a clearance sale.
Los precios están bajos debido a la liquidación de fin de año.
The prices are low due to the year-end clearance sale.
This sentence is describing a situation where the prices of goods or services are reduced because of a year-end sale. The term 'liquidación' is used to signify the sale or reduction of goods.
Después de la liquidación de la empresa, Juan empezó a buscar otro trabajo.
After the liquidation of the company, Juan started looking for another job.
This sentence represents a situation in which after a company went through financial failure ('liquidación'), a person named Juan began seeking other employment opportunities.