The best replacement for liquidation is dissolution.

The best alternatives to liquidation are rated as following:
★★★★★  dissolution
★★★★★  reorganization
★★★★★  bankruptcy
★★★  administration
★★  receivership
★★  insolvency
★  merger
★  strike off
★  reimbursement
★  foreclosure
★  business rescue
★  sequestration
  winding up
  striking off
  going concern
  closeout
  deregistration

Your alternative for liquidation is not listed? Suggest!
Speaking about liquidation, one probably shouldn't forget about dissolution.

Other search terms related to liquidation and their ratings are:
★★★★★ dissolution
You have in mind a companion for liquidation and it is not yet here? Propose!



Google Trends

Scale is based on the average worldwide traffic of liquidation in all years. Click on graph for more.
liquidation
dissolution
reorganization