dis·so·lu·tion /ˌdi-sə-'lü-shən/ n: the act or process of ending: as
a: the termination of an organized body (as a court)
b: the ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship
c: the termination of a corporation
involuntary dissolution: dissolution of a corporation by a court in response to a shareholder petition based on statutorily prescribed grounds
voluntary dissolution: dissolution of a corporation upon the initiative of the directors and with approval of a certain percentage of the shareholders
d: the termination of an injunction or stay by court order
e: the termination of a marriage by divorce
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.