liquidate
liq
ˈlɪk
lik
ui
vi
date
ˌdeɪt
deit
British pronunciation
/lˈɪkwɪdˌe‍ɪt/

Definition & Meaning of "liquidate"in English

to liquidate
01

to eliminate someone, often perceived as a threat, by causing their death

Transitive: to liquidate sb
to liquidate definition and meaning
example
Examples
The mob boss ordered his henchmen to liquidate the rival gang members.
In the espionage thriller, the spy was assigned to liquidate a high-profile target.
02

to settle financial matters of a business by determining its liabilities and distributing its assets to cover them

Transitive: to liquidate a business
to liquidate definition and meaning
example
Examples
The board of directors decided to liquidate the business after realizing it was no longer profitable.
In order to liquidate the corporation, they had to conduct a thorough audit of all liabilities and assets.
03

to clear one's debt

Transitive: to liquidate a debt
example
Examples
They were required to liquidate the debt within 15 days of the date due.
After receiving a bonus, he was able to liquidate his outstanding credit card balance.
04

to sell property or investments in order to generate cash

Transitive: to liquidate a property or asset
example
Examples
The company decided to liquidate its real estate holdings to cover the outstanding debts.
In the event of bankruptcy, the business will need to liquidate its inventory to pay creditors.
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