- liquidate
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b) To settle the affairs of a company, by using its assets to pay its debts.
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liquidate
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liquidate — liq·ui·date / li kwə ˌdāt/ vb dat·ed, dat·ing vt 1: to determine by agreement or litigation the precise amount of; also: to settle (a debt) by payment or other adjustment 2 a: to determine the liabilities and apportion the assets of esp. in… … Law dictionary
Liquidate — Liq ui*date (l[i^]k w[i^]*d[=a]t), v. t. [imp. & p. p. {Liquidated} ( d[=a] t[e^]d); p. pr. & vb. n. {Liquidating}.] [LL. liquidatus, p. p. of liquidare to liquidate, fr. L. liquidus liquid, clear. See {Liquid}.] 1. (Law) To determine by… … The Collaborative International Dictionary of English
liquidate — liquidate, liquidize Liquidate is the word used in business contexts and in the sense ‘eliminate by killing’. Liquidize is a more recent word meaning ‘to make liquid’ (in physical senses) and is now principally used in the context of the kitchen… … Modern English usage
liquidate — [v1] pay; change into cash cash, cash in, cash out, clear, convert, discharge, exchange, honor, pay off, quit, realize, reimburse, repay, satisfy, sell off, sell up, settle, square; concept 330 Ant. invest, keep liquidate [v2] destroy, dissolve… … New thesaurus
liquidate — [lik′wi dāt΄] vt. liquidated, liquidating [< ML liquidatus, pp. of liquidare, to make liquid or clear < L liquidus, LIQUID] 1. to settle by agreement or legal process the amount of (indebtedness, damages, etc.) 2. to settle the accounts of… … English World dictionary
liquidate — (v.) 1570s, to reduce to order, to set out clearly (of accounts), from L.L. or M.L. liquidatus, pp. of liquidare to melt, make liquid or clear, clarify, from L. liquidus (see LIQUID (Cf. liquid)). Sense of clear away (a debt) first recorded 1755 … Etymology dictionary
liquidate — ► VERB 1) wind up the affairs of (a company) by ascertaining liabilities and apportioning assets. 2) convert (assets) into cash. 3) pay off (a debt). 4) informal eliminate; kill. DERIVATIVES liquidation noun liquidator noun … English terms dictionary
liquidate — to settle a debt or to convert to cash.This literally means to do away with. Glossary of Business Terms Selling (or purchasing) futures contracts of the same delivery month purchased (or sold) during an earlier transaction or making (or taking)… … Financial and business terms
liquidate — /lik wi dayt /, v., liquidated, liquidating. v.t. 1. to settle or pay (a debt): to liquidate a claim. 2. to reduce (accounts) to order; determine the amount of (indebtedness or damages). 3. to convert (inventory, securities, or other assets) into … Universalium
liquidate — [[t]lɪ̱kwzɪdeɪt[/t]] liquidates, liquidating, liquidated 1) VERB To liquidate a company is to close it down and sell all its assets, usually because it is in debt. [TECHNICAL] [V n] A unanimous vote was taken to liquidate the company. Derived… … English dictionary
liquidate — UK [ˈlɪkwɪdeɪt] / US [ˈlɪkwɪˌdeɪt] verb Word forms liquidate : present tense I/you/we/they liquidate he/she/it liquidates present participle liquidating past tense liquidated past participle liquidated 1) a) [intransitive/transitive] business to… … English dictionary
