In simplistic terms, if a business goes into liquidation it means: The business stops trading with immediate effect. The employees are all made redundant. The assets of the business are sold to pay creditors.
What Is a Path? A file system stores and organizes files on some form of media, generally one or more hard drives, in such a way that they can be easily retrieved. Most file systems in use today store the files in a tree (or hierarchical) structure. At the top of the tree is one (or more) root nodes.
A trajectory is the path of an object through space, or the path of life that a person chooses. The prefix tra- is short for trans-, which means across (think transport and transit) and the ject comes from jacere, which means throw and is also the root of the word jet. If you wanted to describe the path of a jet through the sky, you could refer to the jet's trajectory.