One of the terms heard in business is that of âin liquidationâ and this is a very specific status for a company having direct consequences for creditors Call us free on 0800 862 0800 Menu
uncountable noun. Rationing is the system of limiting the amount of food, water, petrol, or other necessary substances that each person is allowed to have or buy when there is not enough of them. The municipal authorities here are preparing for food rationing.
When you ration your supplies, you dole them out a little at a time. A ration is also a wartime military meal, or the portion of food that someone is allowed in times of scarcity. A ration is the fixed portion of food or other goods allowed to each person in times of shortages. In the military, a soldierâs meal is called a ration, especially if itâs portable. As a verb, to ration something is to allow each person to have only a specific amount. During times of war many things have been rationed: gas, rubber, luxury items, and food.