liquidate

verb
liq·​ui·​date | \ ˈli-kwə-ˌdāt How to pronounce liquidate (audio) \
liquidated; liquidating

Definition of liquidate

transitive verb

1a(1) : to determine by agreement or by litigation the precise amount of (indebtedness, damages, or accounts)
(2) : to determine the liabilities (see liability sense 2) and apportion assets toward discharging the indebtedness of
b : to settle (a debt) by payment or other settlement liquidate a loan
2 archaic : to make clear
3 : to do away with especially by killing was hired to liquidate a certain businessman
4 : to convert (assets) into cash liquidated his securities

intransitive verb

1 : to liquidate debts, damages, or accounts
2 : to determine liabilities (see liability sense 2) and apportion assets toward discharging indebtedness

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Other Words from liquidate

liquidation \ ˌli-​kwə-​ˈdā-​shən How to pronounce liquidation (audio) \ 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.
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Recent Examples on the Web Lord & Taylor, another New York institution, which traces its roots to 1826, also announced plans to liquidate last month. Sapna Maheshwari New York Times, Star Tribune, "Century 21, fabled New York bargain destination, is closing," 13 Sep. 2020 The company has separately announced plans to liquidate 242 locations. Nathan Bomey, USA TODAY, "Mall owners Simon and Brookfield to acquire J.C. Penney out of bankruptcy despite 'screaming matches'," 10 Sep. 2020 The company had until Thursday to strike a deal with creditors, find a buyer or opt to liquidate. Sapna Maheshwari, New York Times, "Bankrupt J.C. Penney Is Bought by Mall Operators in Need of Tenants," 9 Sep. 2020 Dragged down by diners’ changing tastes and the COVID-19 recession, Luby’s Inc. said Tuesday that its board voted Sept. 4 to liquidate its businesses and distribute any proceeds to investors. Amanda Drane, ExpressNews.com, "Luby’s, a longtime Texas staple, announces plans to liquidate," 8 Sep. 2020 East Africa Plc’s battle for survival may soon come to an end as the administrators plan to liquidate the clothing retailer after efforts to sell assets and seek a strategic investor fell through. David Herbling, Bloomberg.com, "Kenyan Clothing Store Deacons Likely to Close Doors," 7 Sep. 2020 Keeping nominal interest rates at zero or very low keeps debt servicing costs down, while high negative real interest rates — i.e. interest rates below inflation — liquidate or erode the real value of government debt. Andrew Stuttaford, National Review, "The Capital Note: Inflation and Financial Repression," 27 Aug. 2020 When companies default on loans, they are often forced to file for bankruptcy protection, close locations or occasionally liquidate. Jessica Flores, USA TODAY, "Coronavirus live updates: Hawaii may delay tourists' return; California orders closure of defiant private school; US deaths near 170K," 14 Aug. 2020 Last month, two of the seven members of Penn Dutch’s controlling Salsburg family sued the insolvency firm that the family hired last fall to liquidate their company. Ron Hurtibise, sun-sentinel.com, "A cash transport firm picked up $180,616 from Penn Dutch weeks after the meat market closed. Where it went is a mystery.," 7 Aug. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'liquidate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of liquidate

circa 1575, in the meaning defined at transitive sense 1a(1)

History and Etymology for liquidate

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

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Time Traveler for liquidate

Time Traveler

The first known use of liquidate was circa 1575

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Statistics for liquidate

Last Updated

19 Sep 2020

Cite this Entry

“Liquidate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/liquidate. Accessed 27 Sep. 2020.

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More Definitions for liquidate

liquidate

verb
How to pronounce liquidate (audio)

English Language Learners Definition of liquidate

: to sell (a business, property, etc.) especially to pay off debt
: to pay all the money owed for (a debt)
informal : to destroy (something) or kill (someone)

liquidate

verb
liq·​ui·​date | \ ˈli-kwə-ˌdāt How to pronounce liquidate (audio) \
liquidated; liquidating

Legal Definition of liquidate

transitive verb

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

intransitive verb

: to liquidate something (as a corporation)

Other Words from liquidate

liquidation \ ˌli-​kwə-​ˈdā-​shən How to pronounce liquidation (audio) \ noun

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