A cash payment made by a firm to its owners when some of the firm's assets are sold off is called a(n):

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A liquidating dividend is a type of payment made by a firm to its owners or shareholders when the firm sells off its assets. This is distinct from regular dividends, which are paid out of the firm's earnings or profits. Liquidating dividends are distributed when a portion or all of the company is being dissolved and the assets are being distributed among the shareholders.

A Cash Payment Made by a Firm to Its Owners