ชำระบัญชี(cham-rá ban-chee)

Meanings

1VerbB2

[to] liquidate; wind up

To settle and close accounts of a business or entity by collecting assets, paying liabilities, and distributing any remainder.

Examples

The board decided to liquidate the company by collecting assets and paying the creditors first.
3NounB2

liquidation; winding-up

The process of settling accounts and closing a business or entity (e.g., การชำระบัญชีการชำระบัญชีgaan cham-rá ban-chee1liquidation; winding up2settlement/reconciliation of accounts).