Examlex
Define and give an example of the two main kinds of organizational justice.
Liquidator's Remuneration
The compensation paid to a liquidator for their services in administrating the process of winding up a company's affairs and distributing its assets.
Liquidation Account
An account created to collect transactions and balances during the process of liquidating or winding up a company.
Liquidator's Distribution
The process of distributing assets held by a company under liquidation to its creditors and shareholders.
Shareholders' Distribution
The allocation of earnings declared by a corporation to its shareholders, usually in the form of dividends.
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