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liquidator

A liquidator is the officer appointed when a company goes into winding-up or liquidation who has responsibility for collecting in all of the assets of the company and settling all claims against the company before putting the company into dissolution. In most jurisdictions, a liquidator's powers are defined by statute. Certain powers are generally exercisable without the requirement of any approvals; others may require sanction, either by the court, by an extraordinary resolution (in a members' voluntary winding up) or the liquidation committee or a meeting of the company's creditors (in a creditors' voluntary winding-up). The liquidator would normally require sanction to pay creditors and to make compromises or arrangement with creditors. Without sanction (unless it is a compulsory winding-up) the liquidator may carry on legal proceedings and carry on the business of the company so far as may be necessary for a beneficial winding-up. Without sanction, the liquidator may, inter alias, sell company property, claim against insolvent contributories, raise money on the security of company assets, and so all such things as may be necessary for the winding-up and distribution of assets. Wiki liquidator

computer

A computer is a machine that manipulates data according to a list of instructions. Computers take numerous physical forms. The first devices that resemble modern computers date to the mid-20th century, although the computer concept and various machines similar to computers existed earlier. The first programmer was Ada . Early electronic computers were the size of a large room, consuming as much power as several hundred modern personal computers. Modern computers are based on comparatively tiny integrated circuits and are millions to billions of times more capable while occupying a fraction of the space. Today, simple computers may be made small enough to fit into a wristwatch and be powered from a watch battery. Personal computers in various forms are icons of the Information Age and are what most people think of as "a computer"; however, the most common form of computer in use today is the embedded computer. Embedded computers are small, simple devices that are used to control other devices — for example, they may be found in machines ranging from fighter aircraft to industrial robots, digital cameras, and children's toys. The ability to store and execute lists of instructions called programs makes computers extremely versatile and distinguishes them from calculators. The Church–Turing thesis is a mathematical statement of this versatility: any computer with a certain minimum capability is, in principle, capable of performing the same tasks that any other computer can perform. Therefore, computers with capability and complexity ranging from that of a personal digital assistant to a supercomputer are all able to perform the same computational tasks given enough time and storage capacity.

City

A city is an urban area with a large population and a particular administrative, legal, or historical status. Large industrialized cities generally have advanced systems for sanitation, utilities, land usage, housing, and transportation and more. This close proximity greatly facilitates interaction between people and firms, benefiting both parties in the process. However, there is debate now whether the age of technology and instantaneous communication with the use of the Internet are making cities obsolete. A big city, or metropolis, may have suburbs. Such cities are usually associated with metropolitan areas and urban sprawl, creating large numbers of business commuters. Once a city sprawls far enough to reach another city, this region can be deemed a conurbation or megalopolis. wiki City
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