liquidation

American  

[lik-wi-dey-shuhn] / ˌlɪk wɪˈdeɪ ʃən /

noun

1. the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc.

2. the process of converting securities or commodities into cash.

3. the state of being liquidated.

   an estate in liquidation.

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liquidation British  

/ ˌlɪkwɪˈdeɪʃən /

noun

1. 1. the process of terminating the affairs of a business firm, etc, by realizing its assets to discharge its liabilities

   2. the state of a business firm, etc, having its affairs so terminated (esp in the phrase to go into liquidation )

2. destruction; elimination

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liquidation Cultural  

1. The conversion of the assets of a firm into cash, often just before the firm goes out of business.

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Other Word Forms

• nonliquidation noun
• preliquidation noun
• reliquidation noun

Etymology

Origin of liquidation

First recorded in 1565–75; liquidate + -ion

Example Sentences

Then the CME raised margins five times in nine days — and the cascade of forced liquidation was spectacular, sending silver tumbling nearly 30%.

From MarketWatch

The part of the property which housed the cafe was owned by a company which went into liquidation shortly after the fire.

From BBC

The document indicates the formal commercial arrangement was drawn up to deal with potential mismatches or "discrepancies" and where Fujitsu's system was responsible, it was expected to correct false transactions or pay "liquidation damages".

From BBC

If a business cannot be saved, the company's belongings may be sold so that some of the borrowed money can be repaid, which is known as liquidation.

From BBC

Tricolor filed for a bankruptcy liquidation in September after one of its securitization partners, Fifth Third Bank, revealed that it would take a $200 million loss tied to Tricolor.

From The Wall Street Journal

Related Words

• clearance
• destruction
• eradication
• expulsion
• removal
• withdrawal