Main Entry:

liq·ui·date

Pronunciation:

\ˈli-kwə-ˌdāt\

Function:

verb

Inflected Form(s):

liq·ui·dat·ed; liq·ui·dat·ing

Etymology:

Late Latin liquidatus, past participle of liquidare to melt, from Latin liquidus

Date:

circa 1575

transitive verb1 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 settlement2archaic : to make clear3: to do away with4: to convert (assets) into cashintransitive verb1: to liquidate debts, damages, or accounts2: to determine liabilities and apportion assets toward discharging indebtedness

— liq·ui·da·tion \ˌli-kwə-ˈdā-shən\ noun