self-liquidating

American  

[self-lik-wi-dey-ting, self-] / ˌsɛlfˈlɪk wɪˌdeɪ tɪŋ, ˈsɛlf- /

adjective

1. capable of being sold and converted into cash within a short period of time or before the date on which the supplier must be paid.

2. (of a property, loan, project, investment, etc.) used or operating in such a way as to repay the money needed to acquire it.

   He rented half of the house to someone else so that his home loan became self-liquidating.

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self-liquidating British  

adjective

1. (of a loan, bill of exchange, etc) used to finance transactions whose proceeds are expected to accrue before the date of redemption or repayment

2. (of a business transaction, project, investment, etc) yielding proceeds sufficient to cover the initial outlay or to finance any recurrent outlays

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Etymology

Origin of self-liquidating

First recorded in 1915–20

Example Sentences

See Examples For:

self-liquidating

The “testamentary trust will be self-liquidating after a decade or so and operate with a lean staff,” Buffett said.

From Seattle Times ● Nov. 22, 2023

The 15� the companies get usually covers all their premium costs, making the "self-liquidating" premium a salesman who works for nothing.

From Time Magazine Archive

As a substitute bill he suggested direct relief loans to states, a modest discretionary building program by the U. S. Government and R. F. C. advances to public agencies for self-liquidating construction.

From Time Magazine Archive

It was a revolving, self-liquidating rabbit and Mr. Roosevelt put its life at a maximum seven years, its first-year size at $870,000,000, ultimate size $3,860,000,000.

From Time Magazine Archive

It is this that lends them their self-liquidating quality; for they are usually liquidated by the acceptor out of the proceeds of the resale of the goods during the currency of the bill.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur