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liquidation
[ lik-wi-dey-shuhn ]
noun
- the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc.
- the process of converting securities or commodities into cash.
- the state of being liquidated:
an estate in liquidation.
liquidation
/ ˌlɪkwɪˈdeɪʃən /
noun
- the process of terminating the affairs of a business firm, etc, by realizing its assets to discharge its liabilities
- the state of a business firm, etc, having its affairs so terminated (esp in the phrase to go into liquidation )
- destruction; elimination
liquidation
- The conversion of the assets of a firm into cash, often just before the firm goes out of business.
Other Words From
- nonliq·ui·dation noun
- preliq·ui·dation noun
- reliq·ui·dation noun
Word History and Origins
Origin of liquidation1
Example Sentences
“Liquidation” is a threat Memorial has heard before, and in the most sinister possible context.
The liquidation closed all Hostess plants and bakeries and 15,000 employees were laid off immediately.
The liquidation seems to have launched a similar frenzy regarding Twinkies.
Hostess said it would have to file for liquidation if the bakers went on strike.
But for a company on the verge of liquidation, this is good news.
If they are destroyed by fire, the mortgagor cannot claim to have the insurance applied in liquidation of the mortgage debt.
You promise social liquidation, the revision of property and of public fortune and their better division.
One of the most shameful features in the French Government's war on the Church was the affair of liquidation.
While M. Combes would cast the blame on the liquidators, M. Briand fixed it on the method of liquidation.
The balance shall be reckoned toward liquidation of the amounts due for reparation.
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