dissolution

dis·so·lu·tion   (dĭs'ə-lōō'shən)    n.   Decomposition into fragments or parts; disintegration. Indulgence in sensual pleasures; debauchery. Termination or extinction by disintegration or dispersion: The dissolution of the empire was remarkably swift. Extinction of life; death. Annulment or termination of a formal or legal bond, tie, or contract. Formal dismissal of an assembly or legislature. Reduction to a liquid form; liquefaction. dis'so·lu'tive adj.

Main Entry: dis·so·lu·tion
Pronunciation: "di-s&-'lü-sh&n
Function: noun
: the act or process of ending: as a : the termination of an organized body (as a court) b : the ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship c : the termination of a corporation

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involuntary dissolution
: dissolution of a corporation by a court in response to a shareholder petition based on statutorily prescribed grounds

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voluntary dissolution
: dissolution of a corporation upon the initiative of the directors and with approval of a certain percentage of the shareholders d : the termination of an injunction or stay by court order e : the termination of a marriage by divorce

Main Entry: dis·so·lu·tion
Pronunciation: "dis-&-'lü-sh&n
Function: noun
: the act or process of dissolving: as a : separation into component parts b : DEATH 1 dissolution —Elinor Wylie> c : LIQUEFACTION d : SOLUTION 1a

dissolution   (dĭs'ə-l'shən)  Pronunciation Key  The dissolving of a material in a liquid.