Drum-Buffer-Rope is an intuitive solution to a seemingly complex problem. DBR is seen in many areas including Agile Development, Manufacturing, and Medicine (Emergency Room Visits). Itâs an effective business tool to manage the constraints that every business faces.
There are also a series of meetings and communication that the liquidator is bound to action and they will need to keep creditors informed as to the progress of the liquidation. Liquidation also means that the conduct of the former directors will be examined.
Definition of liquidate for English Language Learners. 1  business : to sell (a business, property, etc.) especially to pay off debt. : 2  to pay all the money owed for (a debt) : 3  to destroy (something) or kill (someone)