How Do You Spell DISVOLUTION?
Pronunciation: [dɪsvəlˈuːʃən] (IPA) 
Correct spelling for the English word "disvolution" is [dɪsvəlˈuːʃən], [dɪsvəlˈuːʃən], [d_ɪ_s_v_ə_l_ˈuː_ʃ_ə_n] (IPA phonetic alphabet).
Pronunciation: [dɪsvəlˈuːʃən] (IPA)
Correct spelling for the English word "disvolution" is [dɪsvəlˈuːʃən], [dɪsvəlˈuːʃən], [d_ɪ_s_v_ə_l_ˈuː_ʃ_ə_n] (IPA phonetic alphabet).
Disvolution is a term that is primarily used in the field of law to refer to the legal process of dissolving or terminating a partnership, corporation, or other formal associations. It is a comprehensive and complex process that involves the unwinding and closure of such entities. Disvolution typically occurs when the partnership or corporation is no longer financially viable, has completed its objectives, or when the stakeholders wish to part ways.
In the case of corporations, disvolution involves the liquidation of the company's assets, payment of outstanding debts, and the distribution of remaining assets to the shareholders. In partnerships, disvolution entails the settlement of outstanding obligations, the distribution of assets, and the termination of the partnership agreement.
The disvolution process is governed by legal requirements, which may include filing dissolution paperwork, notifying governmental agencies, creditors, and remaining stakeholders, and ensuring compliance with all applicable regulations. It may also involve the appointment of a liquidator or receiver who manages the disvolution proceedings.
Disvolution is a crucial step in the closure of a business entity, as it ensures a proper and orderly termination, addressing the financial, legal, and administrative aspects associated with the dissolution. This process protects the rights and interests of the various stakeholders involved and allows for the smooth transition and resolution of any outstanding matters.
Involution, degeneration.
A practical medical dictionary. By Stedman, Thomas Lathrop. Published 1920.
