re liquidation

liquidation

[lik-wi-dey-shuhn]
noun
1.
the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc.
2.
the process of converting securities or commodities into cash.
3.
the state of being liquidated: an estate in liquidation.

Origin:
1565–75; liquidate + -ion

nonliquidation, noun
preliquidation, noun
reliquidation, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
liquidation (ˌlɪkwɪˈdeɪʃən)
 
n
1.  a.  the process of terminating the affairs of a business firm, etc, by realizing its assets to discharge its liabilities
 b.  the state of a business firm, etc, having its affairs so terminated (esp in the phrase to go into liquidation)
2.  destruction; elimination

Collins English Dictionary - Complete & Unabridged 10th Edition
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Etymonline
Word Origin & History

liquidation
1570s, noun of action from L.L. liquidare (see liquidate); originally as a legal term; of inconvenient groups of persons, 1925 in communist writings.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Cultural Dictionary

liquidation definition


The conversion of the assets of a firm into cash, often just before the firm goes out of business.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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