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A personal computer (PC) is a computer whose original sales price, size, and capabilities make it useful for individuals, intended to be operated directly by an end user, with no intervening computer operator. A personal computer may be a home computer, or may be found in an office, often connected to a local area network. The distinguishing characteristics are that the computer is used only (or mostly) by one person at a time, in a very interactive fashion. This is opposite to the batch processing or time-sharing models which allowed large expensive systems to be used by many people, usually at the same time, or large data processing systems which required a full-time staff to operate efficiently. The capabilities of a personal computer have changed greatly since the introduction of electronic computers. By the early 1970s, people in academic or research institutions had the opportunity for single-person use of a computer system in interactive mode for extended durations, although these systems would still have been too expensive to be owned by a single person. The introduction of the microprocessor, a single chip with all the circuitry that formerly occupied large cabinets, lead to the proliferation of personal computers after about 1975. Early personal computers generally called microcomputers, sold often in kit form and in limited volumes, and were of interest mostly to hobbyists and technicians. By the late 1970s, mass-market pre-assembled computers allowed a wider range of people to use computers, focusing more on software applications and less on development of the processor hardware. Throughout the 1970s and 1980s, home computers were developed for household use, offering personal productivity, programming and games. Somewhat larger and more expensive systems (although still low-cost compared with minicomputers and mainframes) were aimed for office and small business use. Workstations are characterized by high-performance processors and graphics displays, with large local disk storage, networking capability, and running under a multitasking operating system. Workstations are still used for tasks such as computer-aided design, drafting and modeling, computation-intensive scientific and engineering calculations, image processing, architectural modelling, and computer graphics for animation and motion picture visual effects. Eventually the market segments lost any technical distinction; business computers acquired color graphics capacity and sound, and home computers and game systems used the same processors and operating systems as office-bound computers. Mass-market computers had graphics and memory comparable to dedicated workstations of a few years before. Even local area networking, originally a way to allow business computers to share expensive mass storage and peripherals, became a standard feature of a home computer. auto parts wow auto parts wow Liquidation can also be referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. Ipod Jamie Lee Curtis blues fest blues fest Liquidation may either be compulsory or voluntary. solar power Jamie-Lynn Sigler buy used computer buy used computer Voluntary liquidation occurs when the members of the company resolve to voluntarily wind-up the affairs of the company and dissolve. grow Jane Leeves Cisco liquidation Cisco liquidation Voluntary liquidation begins when the company passes the resolution, and the company will generally cease to carry on business at that time (if it has not done so already). national Jane Seymour Cisco liquidation Cisco liquidation If the company is solvent, and the members have made a statutory declaration of solvency, the liquidation will proceed as a members' voluntary winding-up. now Janet Jackson Cisco switch Cisco switch In such case, the general meeting will appoint the liquidators). trees Jenna Elfman computer donations computer donations If not, the liquidation will proceed as a creditor's voluntary winding-up, and a meeting of creditors will be called, to which the directors must report on the company's affairs. San Francisco Jennie Garth computer recycled computer recycled Where a voluntary liquidation proceeds by way of creditor's voluntary liquidation, a liquidation committee may be appointed. cisco Jennifer Aniston computer recycled computer recycled Where a voluntary winding-up of a company has begun, a compulsory liquidation order is still possible, but the petitioning contributory would need to satisfy the court that a voluntary liquidation would prejudice the contributories. pool Jennifer Garner computer removal computer removal In addition, the term liquidation is sometimes used when a company wishes to divest itself of some of its assets. think Jennifer Hudson donate computer donate computer This is used, for instance, when a retail establishment wishes to close stores. hugging Jennifer Lopez donate computers donate computers They will sell to a company that specializes in store liquidation instead of attempting to run a store closure sale themselves. tree Jennifer Love Hewitt easy street liquidation easy street liquidation 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. bit Jenny Mccarthy lets go recycle lets go recycle In most jurisdictions, a liquidator's powers are defined by statute. computer donation Jessica Alba liquidation furniture liquidation furniture The liquidator would normally require sanction to pay creditors and to make compromises or arrangement with creditors. nationwide used computer Jessica Biel liquidators wholesale liquidators wholesale 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. nationwide used computer Jessica Simpson modeling videos modeling videos 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. used Cisco forum Jim Carrey

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