liquidate

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To settle; to determine the amount due and extinguish the indebtedness. Although the term more properly signifies the adjustment or settlement of debts, to liquidate often means to pay.
See also liquidation.

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1. to dissolve a business.


Example: A corporation ’ s only asset is real estate that is encumbered by a mortgage. The stockholders decide to liquidate the corporation. They may have the corporation sell the real estate, retire the mortgage, and distribute the resale proceeds to stockholders.
The corporation is said to be liquidated.

2. to retire debts .


Example: Abel liquidates a $1,000
debt by paying it off in full with cash.

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verb

1. To set right by giving what is due: clear, discharge, pay (off or up), satisfy, settle, square. See pay/owe.
2. To destroy all traces of: abolish, annihilate, blot out, clear, eradicate, erase, exterminate, extinguish, extirpate, kill¹, obliterate, remove, root¹ (out or up), rub out, snuff out, stamp out, uproot, wipe out. Idioms: do away with, make an end of, put an end to. See help/harm/harmless, make/unmake.
3. To get rid of, especially by banishment or execution: eliminate, eradicate, purge, remove, wipe out. Idioms: do away with, put an end to. See help/harm/harmless, keep/release.
4. To take the life of (a person or persons) unlawfully: destroy, finish (off), kill¹, murder, slay. Informal put away. Slang bump off, do in, knock off, off, rub out, waste, wipe out, zap. See help/harm/harmless.

v

Definition: destroy, dissolve
Antonyms: build, construct, create

v

Definition: pay; change into cash
Antonyms: invest, keep

This entry contains information applicable to United States law only.

To pay and settle the amount of a debt; to convert assets to cash; to aggregate the assets of an insolvent enterprise and calculate its liabilities in order to settle with the debtors and thecreditors and apportion the remaining assets, if any, among the stockholders or owners of the corporation.

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 Says:
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.

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IN BRIEF: To settle the affairs of a business that is closing, usually because it is bankrupt. Also: To pay a debt in full.

That store is closing for good so it must liquidate all of its merchandise and fixtures.

LearnThatWord.com is a free vocabulary and spelling program where you only pay for results!

For a list of words related to liquidate, see:

• Violent Actions - liquidate: eliminate opponents, esp. by killing
• Murder and Suicide - liquidate: (vb) eliminate by killing

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See words rhyming with "liquidate."

Dansk (Danish)
v. tr. - træde i likvidation, afvikle, likvidere, udrydde, rydde af vejen
v. intr. - træde i likvidation, likvidere

Nederlands (Dutch)
liquideren, geldelijk vereffenen, uit de weg ruimen, (ver)delgen

Français (French)
v. tr. - (Fin) liquider, régler (une dette), liquider (qn)
v. intr. - (Fin, Jur) liquider, liquider (une dette), déposer le bilan

Deutsch (German)
v. - liquidieren, beseitigen, tilgen, abrechnen

Ελληνική (Greek)
v. - (νομ., οικον.) εκκαθαρίζω, ρευστοποιώ, μετατρέπω σε χρήμα, διαλύω

Italiano (Italian)
liquidare

Português (Portuguese)
v. - liquidar

Русский (Russian)
оплатить долг, ликвидировать предприятие, положить конец чему-л., ликвидировать (человека)

Español (Spanish)
v. tr. - liquidar, amortizar, saldar
v. intr. - liquidar

Svenska (Swedish)
v. - likvidera, betala, avveckla, utrota, tillintetgöra, undanröja, träda i likvidation, gå i konkurs

中文（简体）(Chinese (Simplified))
偿付, 扫除, 清算清算, 清理, 清理债务, 停业清理

中文（繁體）(Chinese (Traditional))
v. tr. - 償付, 掃除, 清算清算, 清理
v. intr. - 清理債務, 停業清理

한국어 (Korean)
v. tr. - 치르다 , 결재하다, 현금화하다
v. intr. - 부채를 청산하다, 파산하다

日本語 (Japanese)
v. - 支払う, 整理する, 殺す, 除く, 廃止する

العربيه (Arabic)
‏(فعل) يصفي, يسدد دينا, يتخلص من, يقتل, يحيل, يحول الموجودات إلى نقد‏

עברית (Hebrew)
v. tr. - ‮פירק (חברה), חיסל, השמיד, סילק (חוב)‬
v. intr. - ‮פשט רגל, התפרקה (חברה)‬

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