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term:
Dissolution
dissolution n
: 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 corporationinvoluntary dissolution
: dissolution of a corporation by a court in response to a shareholder petition based on statutorily prescribed groundsvoluntary 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