Background for liquidate

liquidate

/ˈlɪkwədeɪt/

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verb

To settle (a debt) by paying the outstanding amount.

Examples :

"To settle their student loan debt, the couple liquidated their savings account. "

business finance economy

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verb

To settle the affairs of (a company), by using its assets to pay its debts.

Examples :

"The company had too much debt, so the owners decided to liquidate it and close the business. "

business finance economy asset organization

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verb

To convert (assets) into cash; to redeem.

Examples :

"The company decided to liquidate its old equipment to raise money for new projects. "

business finance economy asset

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verb

To determine by agreement or by litigation the precise amount of (indebtedness); to make the amount of (a debt) clear and certain.

Examples :

"The company and its supplier met to liquidate the exact amount owed for the damaged shipment. "

business finance law economy

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verb

To do away with.

Examples :

"The company decided to liquidate its remaining inventory of old toys by selling them at a very low price. "

business finance

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verb

Examples :

"The angry mob liquidated the bully who tormented the younger students. "

military war inhuman action

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verb

To make clear and intelligible.

Examples :

"The teacher tried to liquidate the complicated instructions, making them easier to understand for the students. "

language communication

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verb

To make liquid.

Examples :

"The company needed to liquidate its remaining inventory of old computers to free up cash. "

business finance economy