If you liquidate something, you get rid of it. When a huge retailer has to close all of its stores, it liquidates everything, meaning the inventory and even the shelves and display cases are sold to bargain hunters, to raise money for the company to pay its debts.
To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness); clear and certain.
Verb
get rid of (someone who may be a threat) by killing; "The mafia liquidated the informer"; "the double agent was neutralized"
Verb
settle the affairs of by determining the debts and applying the assets to pay them off; "liquidate a company"
Verb
convert into cash; "I had to liquidate my holdings to pay off my ex-husband"
Verb
eliminate by paying off (debts)
v. t.
To determine by agreement or by litigation the
precise amount of (indebtedness); or, where there is an indebtedness to
more than one person, to determine the precise amount of (each
indebtedness); to make the amount of (an indebtedness) clear and
certain.
v. t.
In an extended sense: To ascertain the amount, or the
several amounts, of , and apply assets toward the discharge of (an
indebtedness).
v. t.
To discharge; to pay off, as an indebtedness.
v. t.
To make clear and intelligible.
v. t.
To make liquid.
Liquidate
A debt or demand is liquidated whenever the amount due is agreed on by the parties, or fixed by the operation of law.
If our epistolary accounts were fairly liquidated, I believe you would be brought in considerable debtor.2.
Friburg was ceded to Zurich by Sigismund to liquidate a debt of a thousand florins.4.
Time only can liquidate the meaning of all parts of a compound system.5.
To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness); clear and certain.
Usage Examples
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