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liquidation

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
liq·ui·date  (lkw-dt)
v. liq·ui·dat·ed, liq·ui·dat·ing, liq·ui·dates
v.tr.
1.
a. To pay off (a debt, a claim, or an obligation); settle.
b. To settle the affairs of (a business firm, for example) by determining the liabilities and applying the assets to their discharge.
2. To convert (assets) into cash.
3. To put an end to; abolish.
4. To put to death; kill.
v.intr.
1. To settle a debt, a claim, or an obligation.
2. To settle the affairs of a business or an estate by disposing of its assets and liabilities. See Synonyms at eliminate.

[Late Latin liquidre, liquidt-, to melt, from Latin liquidus, liquid; see liquid.]

liqui·dation n.
liqui·dator n.

liquidation
Noun
1.
a. the dissolving of a company by selling its assets to pay off its debts
b. go into liquidation (of a business firm) to have its affairs so terminated
2. destruction; elimination
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.liquidationliquidation - termination of a business operation by using its assets to discharge its liabilities
ending, termination, conclusion - the act of ending something; "the termination of the agreement"
viaticus settlement, viatical settlement - sale of an insurance policy by a terminally ill policy holder
2.liquidation - the act of exterminating
destruction, devastation - the termination of something by causing so much damage to it that it cannot be repaired or no longer exists
3.liquidation - the murder of a competitor
murder, slaying, execution - unlawful premeditated killing of a human being by a human being
Translations
liquidation [lɪkwɪˈdeɪʃən] nliquidación f;
to go into liquidation → entrar en liquidación
liquidation [lɪkwɪˈdeɪʃən] nliquidation f;
to go into liquidation → déposer son bilan
liquidation [lɪkwɪˈdeɪʃən] liquid nLiquidation f
liquidation [lɪkwɪˈdeɪʃən] nliquidazione f;
to go into liquidation → andare in liquidazione


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? Mentioned in ? References in classic literature
 
We were seized for the debts occasioned by their illness and their funerals, and placed among the attractions of a cheap museum in Berlin to earn the liquidation money.
The immediate pressure of this inequality was not in this case, as in that of the contributions of money, alleviated by the hope of a final liquidation.
Halfacre went into liquidation, as it is called, and compromised with his creditors, reserving to himself a pretty little capital of some eighty or a hundred thousand dollars, by means of judicious payments to confidential creditors, his wife and daughter saw all THEY most prized taken away, and the town was filled with the magnitude of their sacrifices, and with the handsome manner in which both submitted to make them.
 
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