dissolution

More formally known as judicial dissolution, the corporate death penalty basically happens when the government is so pissed off by the corruption or damage a corporation causes that it yanks away their charter.

From Salon ● Aug. 19, 2026

"We expect the disarmament and dissolution processes to be implemented as quickly as possible.. and subsequently for the relevant articles of the law to come into effect," he wrote on X.

From Barron's ● Aug. 10, 2026

But Mr. McElwee isn’t under the impression that he can definitely solve the mysteries of his son’s psychology, or untangle and understand every step of his dissolution.

From The Wall Street Journal ● Jul. 9, 2026

He said he would now be encouraging Tynwald members to sign the bill, "ensuring that it will survive the dissolution of this parliamentary session ahead of the island's general election in September".

From BBC ● Jul. 9, 2026

If a judge were to mandate the dissolution of the company, its factories would remain standing and its workers, accountants, managers and shareholders would continue to live—but Peugeot SA would immediately vanish.

From "Sapiens: A Brief History of Humankind" by Yuval Noah Harari

"It's not about the election, it's about the dissolutions."

From Barron's ● Feb. 7, 2026

“These are mom-and-pop owners of real estate. People going through death, divorce, partnership dissolutions or retirement who are forced to sell as soon as possible,” Maher said.

From Los Angeles Times ● May 5, 2023

But deadlocks between the cabinet and assembly have over decades led to government reshuffles and dissolutions of parliament, sometimes hampering investment and reform.

From Reuters ● Oct. 20, 2021

Between April and June 2021, there were 190,639 new incorporations and 115,554 dissolutions in the UK.

From BBC ● Sep. 1, 2021

I find that neither dissolutions nor fair means can produce from them such Effects as will tend to a publick good or their own preservation.

From A Half-Century of Conflict - Volume II by Francis Parkman