noun
corporation in liquidation
Legal term for a corporation that has entered the liquidation process, where its affairs are wound up and assets distributed.
清算法人は、解散後に残務処理を行う法人です。
A corporation in liquidation is a legal entity that handles remaining affairs after dissolution.
Compound of 清算 (liquidation) and 法人 (corporation). The term is a straightforward legal compound with no obscure historical derivation.