liquidation
Pronunciation
/ˌɫɪkwɪˈdeɪʃən/

Definition & Meaning of "liquidation"in English

Liquidation
01

the process of closing a business by selling its assets to pay off debts and distribute any remaining value to shareholders

Grammatical Information
Animacy status
Abstract
Composition
Compound
Uncountable
Plural form
liquidations
Examples
The company entered liquidation after years of financial losses.
02

the act of killing or eliminating someone or something, especially deliberately or systematically

Examples
The dictator ordered the liquidation of political opponents.
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