the.com/liquidation
Turning a company's body into cash to pay the people circling it.
means The process of winding down a business by selling its assets to settle debts, after which it ceases to exist.
from From Latin liquidare, to melt or make clear — the idea of dissolving solid holdings into flowing, divisible money you can finally count.
Pecking orderSecured creditors eat first, shareholders scrape the plate.
Double meaningAlso a chilling euphemism for political mass murder.
Not bankruptcyLiquidation is the death; bankruptcy is the diagnosis.