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liquidator

 - 3 dictionary results

liq⋅ui⋅da⋅tor

[lik-wi-dey-ter]
–noun
1. a person who liquidates assets, esp. one authorized to do so by a court of law.
2. an official appointed by a court of law to direct the liquidation of a business.

Origin:
1855–60; liquidate + -or 2
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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Legal Dictionary

Main Entry: liq·ui·da·tor
Pronunciation: 'li-kw&-"dA-t&r
Function: noun
: one that liquidates; especially : an individual appointed by law to liquidate assets —compare RECEIVER
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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