liquidation
[ lik-wi-dey-shuh n ]
/ ˌlɪk wɪˈdeɪ ʃən /
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.
OTHER WORDS FROM liquidation
non·liq·ui·da·tion, noun pre·liq·ui·da·tion, noun re·liq·ui·da·tion, nounWords nearby liquidation
Example sentences from the Web for liquidation
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)
destruction; elimination
Cultural definitions for liquidation
liquidation
The conversion of the assets of a firm into cash, often just before the firm goes out of business.