selvitystila.
administration, receivership, (when voluntary) liquidation; a state in which a corporation (e.g. a company, cooperative or foundation), suspected of being insolvent, either out of their own will or by being externally imposed, has its assets and liabilities enumerated, usually (but not necessarily) ending in bankruptcy and complete liquidation when the liabilities exceed the assets and the company is determined to be insolvent, or in voluntary liquidation without bankruptcy.
Meaning & usage
administration, receivership, (when voluntary) liquidation; a state in which a corporation (e.g. a company, cooperative or foundation), suspected of being insolvent, either out of their own will or by being externally imposed, has its assets and liabilities enumerated, usually (but not necessarily) ending in bankruptcy and complete liquidation when the liabilities exceed the assets and the company is determined to be insolvent, or in voluntary liquidation without bankruptcy.
Where this word comes from
selvitys + tila
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Definitions, grammatical labels, IPA, etymology and examples: Wiktionary contributors, extracted by Kaikki / Wiktextract. Adapted under CC BY-SA 4.0. Selected fields and authored examples are shown; third-party quotations and audio are omitted. See contributor history.
Last enriched 2026-09-10. Definitions are in English. Romanizations are shown when supplied by the source; syllable estimates are omitted for unsupported scripts.