winding-up

Noun

The situation where a company is wound up (goes into liquidation), or when a partnership is dissolved.

Japanese Meaning

会社が清算される、すなわち、倒産等により解散する状況 / パートナーシップが解消される状態

The winding-up of the family business was announced after months of failed rescue talks.

数か月にわたる救済交渉の失敗の末、家族経営の会社の清算が発表された。

Sense（1）

The situation where a company is wound up (goes into liquidation), or when a partnership is dissolved.

windings-up

（ plural ）