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liquidate

 - 6 dictionary results

liq⋅ui⋅date

[lik-wi-deyt] verb, -dat⋅ed, -dat⋅ing.
–verb (used with object)
1. to settle or pay (a debt): to liquidate a claim.
2. to reduce (accounts) to order; determine the amount of (indebtedness or damages).
3. to convert (inventory, securities, or other assets) into cash.
4. to get rid of, esp. by killing: to liquidate the enemies of the regime.
5. to break up or do away with: to liquidate a partnership.
–verb (used without object)
6. to liquidate debts or accounts; go into liquidation.

Origin:
1565–75; 1920–25 for def. 4; < LL liquidātus, ptp. of liquidāre to melt, make clear. See liquid, -ate 1


1. discharge, clear, erase, cancel.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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liq·ui·date   (lĭk'wĭ-dāt')   
v.   liq·ui·dat·ed, liq·ui·dat·ing, liq·ui·dates

v.   tr.
    1. To pay off (a debt, a claim, or an obligation); settle.

    2. To settle the affairs of (a business firm, for example) by determining the liabilities and applying the assets to their discharge.

  1. To convert (assets) into cash.

  2. To put an end to; abolish.

  3. To put to death; kill.

v.   intr.
  1. To settle a debt, a claim, or an obligation.

  2. To settle the affairs of a business or an estate by disposing of its assets and liabilities. See Synonyms at eliminate.


[Late Latin liquidāre, liquidāt-, to melt, from Latin liquidus, liquid; see liquid.]
liq'ui·da'tion n., liq'ui·da'tor n.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Slang Dictionary
liquidate

  1. tv.
    to kill someone. (Underworld.) : They used a machine gun to liquidate a few troublesome characters.
Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition.
Copyright 2007. Published by McGraw Hill.
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Word Origin & History

liquidate 
c.1575, "to reduce to order, to set out clearly" (of accounts), from L.L. liquidatus, pp. of liquidare "to melt, make liquid or clear, clarify," from L. liquidus (see liquid). Sense of "clear away" (a debt) first recorded 1755. The meaning "wipe out, kill" is from 1924, possibly from Rus. likvidirovat.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

Liquidate

1. To convert assets into cash or equivalents by selling them on the open market.

2. When an entity chooses or is forced by a legal judgment or contract to turn assets into a "liquid" form (cash).

Investopedia Commentary

1. An individual may choose to liquidate his or her possessions or investments to pay off creditors, convert assets to cash for spending or because the investments are not going to increase in value and the investor wants to re-allocate funds.

2. Businesses are best known to liquidate assets as a part of bankruptcy procedure, but the process can also be used by businesses to free up cash, even in the absence of financial hardship.

Related Links

An Overview Of Corporate Bankruptcy

See also: Bankruptcy, Cash, Cash and Cash Equivalents - CCE, Chapter 11, Chapter 7, Illiquid, Liquidation, Liquidity, Liquidity Cushion

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Legal Dictionary

Main Entry: liq·ui·date
Pronunciation: 'li-kw&-"dAt
Function: verb
Inflected Forms: -dat·ed; -dat·ing
transitive verb 1 : to determine by agreement or litigation the precise amount of; also : to settle (a debt) by payment or other adjustment
2 a : to determine the liabilities and apportion the assets of esp. in bankruptcy or dissolution <liquidate a corporation> —compare BANKRUPTCY b : to convert (as assets) into cash <liquidate an estate> intransitive verb : to liquidate something (as a corporation) —liq·ui·da·tion /"li-kw&-'dA-sh&n/ noun
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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