liquidation

[ lik-wi-dey-shuhn ]
See synonyms for liquidation on Thesaurus.com
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.

  1. the state of being liquidated: an estate in liquidation.

Origin of liquidation

1
First recorded in 1565–75; liquidate + -ion

Other words from liquidation

  • non·liq·ui·da·tion, noun
  • pre·liq·ui·da·tion, noun
  • re·liq·ui·da·tion, noun

Words Nearby liquidation

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use liquidation in a sentence

British Dictionary definitions for 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)

  1. destruction; elimination

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Cultural definitions for liquidation

liquidation

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

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