self-liquidating

American  

[self-lik-wi-day-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

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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

Truslow explained that he was resigning to join a two-man State Department commission to look into Brazil's opportunities for self-liquidating projects in power, transportation and agriculture and had recommended McCormick as his successor.

From Time Magazine Archive

The United States housing program is in no respect self-liquidating.

From Time Magazine Archive

"A safe and socially justifiable experiment" would be the allotment of $100,000,000 for independent, self-liquidating rural electric projects.

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 Chester Arthur Phillips

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