- the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc.
- the process of converting securities or commodities into cash.
- the state of being liquidated: an estate in liquidation.
Origin of liquidation
Examples from the Web for liquidation
“Liquidation” is a threat Memorial has heard before, and in the most sinister possible context.The Kremlin’s Plan to Erase Russia’s Memory and Its Conscience
October 13, 2014
The liquidation closed all Hostess plants and bakeries and 15,000 employees were laid off immediately.Want Your Twinkies Rush Earlier? Head to Wal-Mart
July 12, 2013
The liquidation seems to have launched a similar frenzy regarding Twinkies.Could Bankruptcy Rescue the Twinkie?
November 20, 2012
Hostess said it would have to file for liquidation if the bakers went on strike.Hostess Goes Under
November 16, 2012
But for a company on the verge of liquidation, this is good news.U.S. Car Sales Rose Strongly in August
September 4, 2012
First the capital evaporates, and then the company goes into liquidation.Victory
Two other companies went into liquidation in carrying out the work.Reminiscences of Queensland
William Henry Corfield
This may also be true of a period of liquidation not preceded by crisis.The Settlement of Wage Disputes
Mysterious addition, the liquidation of which must be left to the Hebrew scholar.Not Paul, But Jesus
The House of Commons determined to apply this to the liquidation of a debt.Constitutional History of England, volume 3 of 3
- the process of terminating the affairs of a business firm, etc, by realizing its assets to discharge its liabilities
- the state of a business firm, etc, having its affairs so terminated (esp in the phrase to go into liquidation)
- destruction; elimination
Word Origin and History for liquidation
1570s, noun of action from Late Latin liquidare (see liquidate); originally as a legal term in reference to assets; of inconvenient groups of persons, 1925 in communist writings.
The conversion of the assets of a firm into cash, often just before the firm goes out of business.