British
: the process of liquidating the assets of a partnership or corporation in order to pay creditors and make distributions to partners or shareholders upon dissolution

Examples of winding-up in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Just days earlier, the bank had reportedly been hit with a winding-up petition from U.K. tax authorities over unpaid debts. Robert Olsen, Forbes, 8 Sep. 2024 Creditors filed a winding-up petition against Country Garden in Hong Kong court in late February. Nicholas Gordon, Fortune Asia, 14 Mar. 2024

Word History

First Known Use

circa 1858, in the meaning defined above

Time Traveler
The first known use of winding-up was circa 1858

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Cite this Entry

“Winding-up.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/winding-up. Accessed 22 Mar. 2025.

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