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

On our way there, we learned that the underground resistance of the camp had made the decision not to abandon the Jews and to prevent their liquidation.

From Literature

His accountant, Itzhak Stern, thought that Schindler committed to saving Jews after he witnessed the mass killings during the liquidation of the Kraków ghetto.

From Literature

The place had already been picked clean before the liquidation.

From Literature

But phone records indicate that Justice de Moraes initiated multiple phone calls to Mr. Galípolo ahead of the liquidation of the bank.

From The Wall Street Journal

One place capital often tests after liquidation events is in large-cap growth stocks.

From MarketWatch

Related Words

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