liquidate

[lik-wi-deyt]
verb (used with object), liquidated, liquidating.
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, especially 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), liquidated, liquidating.
6.
to liquidate debts or accounts; go into liquidation.

Origin:
1565–75; 1920–25 for def 4; < Late Latin liquidātus, past participle of liquidāre to melt, make clear. See liquid, -ate1

nonliquidating, adjective
preliquidate, verb (used with object), preliquidated, preliquidating.
reliquidate, verb, reliquidated, reliquidating.
unliquidated, adjective
unliquidating, adjective


1. discharge, clear, erase, cancel.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
liquidate (ˈlɪkwɪˌdeɪt)
 
vb
1.  a.  to settle or pay off (a debt, claim, etc)
 b.  to determine by litigation or agreement the amount of (damages, indebtedness, etc)
2.  a.  to terminate the operations of (a commercial firm, bankrupt estate, etc) by assessment of liabilities and appropriation of assets for their settlement
 b.  (of a commercial firm, etc) to terminate operations in this manner
3.  (tr) to convert (assets) into cash
4.  (tr) to eliminate or kill

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
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, © 2010 Douglas Harper
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Example sentences
Values have become liquidated because insensitivity has been created with the
  constant barrage of violence within our society.
It was because he was indifferent to politics, and made his indifference clear,
  that he was liquidated.
If more rich are going bankrupt, their investments will be liquidated, and
  obviously they won't be making new ones anytime soon.
And as old words are not sacred and may be changed, so new ones are not sacred
  and may be liquidated.
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