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liquidation

[lik-wi-dey-shuh n]
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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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Origin of liquidation

First recorded in 1565–75; liquidate + -ion
Related formsnon·liq·ui·da·tion, nounpre·liq·ui·da·tion, nounre·liq·ui·da·tion, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Related Words for liquidation

eradication, removal, expulsion, withdrawal, clearance, destruction, elimination, extinction, slaughter, cut, rejection, exclusion, ejection, displacement, extermination, purge, omission, discard, riddance, ruination

Examples from the Web for liquidation

Contemporary Examples of liquidation

Historical Examples of liquidation


British Dictionary definitions for liquidation

liquidation

noun
    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)
  1. destruction; elimination
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for liquidation

n.

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.

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Online Etymology Dictionary, © 2010 Douglas Harper

liquidation in Culture

liquidation

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

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.