MLchartDataset catalogue

Dissolution

Term · Law · MLC-T-LAW-001672

The formal termination or breaking up of a legal entity, such as a marriage, partnership, or corporation. This process legally ends the existence or operational capacity of the entity. For a corporation, dissolution involves winding up its affairs, paying debts, and distributing remaining assets to shareholders.

Table 1. Record
IdentifierMLC-T-LAW-001672
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001672",
  "term": "Dissolution",
  "field": "Law",
  "definition": "The formal termination or breaking up of a legal entity, such as a marriage, partnership, or corporation. This process legally ends the existence or operational capacity of the entity. For a corporation, dissolution involves winding up its affairs, paying debts, and distributing remaining assets to shareholders.",
  "url": "https://mlchart.com/terminology/law/dissolution/"
}

Record 1,550 of 5,441 in Law terminology (MLC-0107). Request the full dataset.