Simple Definition of liquidate
business : to sell (a business, property, etc.) especially to pay off debt
: to pay all the money owed for (a debt)
: to destroy (something) or kill (someone)
Full Definition of liquidate
1 a (1) : to determine by agreement or by litigation the precise amount of (indebtedness, damages, or accounts) (2) : to determine the liabilities and apportion assets toward discharging the indebtedness of b : to settle (a debt) by payment or other settlement
2 archaic : to make clear
3 : to do away with
4 : to convert (assets) into cash
1 : to liquidate debts, damages, or accounts
2 : to determine liabilities and apportion assets toward discharging indebtedness
liquidationplay \ˌli-kwə-ˈdā-shən\ noun
Examples of liquidate in a sentence
The owners were ordered to liquidate the company and pay their creditors.
The company is liquidating its assets.
The owners were ordered to liquidate.
The film is about a professional killer who's hired to liquidate a powerful businessman.
Origin and Etymology of liquidate
Late Latin liquidatus, past participle of liquidare to melt, from Latin liquidus
First Known Use: circa 1575
Legal Definition of liquidate
1 : to determine by agreement or litigation the precise amount of; also : to settle (a debt) by payment or other adjustment
2a : to determine the liabilities and apportion the assets of especially in bankruptcy or dissolution <liquidate a corporation> — compare bankruptcy b : to convert (as assets) into cash <liquidate an estate>
: to liquidate something (as a corporation)
liquidation\ˌli-kwə-ˈdā-shən\ play noun
Seen and Heard
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