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self-liquidating
[ self-lik-wi-dey-ting, self- ]
adjective
- 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.
- (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.
self-liquidating
adjective
- (of a loan, bill of exchange, etc) used to finance transactions whose proceeds are expected to accrue before the date of redemption or repayment
- (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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Word History and Origins
Origin of self-liquidating1
First recorded in 1915–20
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