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  1. Dictionary
    liq·ui·date
    [ˈlikwəˌdāt]
    verb
    liquidate (verb) · liquidates (third person present) · liquidated (past tense) · liquidated (past participle) · liquidating (present participle)
    1. wind up the affairs of (a company or firm) by ascertaining liabilities and apportioning assets:
      "if the company was liquidated, there would be enough funds released to honor the debts"
      • (of a company) undergo liquidation:
        "the company would have the strength to reorganize and not be forced to liquidate"
      • convert (assets) into cash:
        "a plan to liquidate $10,000,000 worth of property over seven years"
      • pay off (a debt):
        "the fund was raided for purposes other than liquidating the public debt"
    2. informal
      eliminate, typically by violent means; kill:
      "rivals and critics were liquidated in bloody purges"
    Origin
    mid 16th century (in the sense ‘set out (accounts) clearly’): from medieval Latin liquidat- ‘made clear’, from the verb liquidare, from Latin liquidus (see liquid). liquidate was influenced by Italian liquidare and French liquider, liquidate by Russian likvidirovatʹ.
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    Similar and Opposite Words
    verb
    1. wind up the affairs of (a company or firm) by ascertaining liabilities and apportioning assets:
    2. eliminate, typically by violent means; kill:
     
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    Liquidate means to1 2 3 4:

    • Settle or pay off a debt, claim, etc.
    • Determine by litigation or agreement the amount of damages, indebtedness, etc.
    • Terminate the operations of a commercial firm, bankrupt estate, etc. by assessment of liabilities and appropriation of assets for their settlement.
    • Sell your investments or property to make them available in the form of money.
    • Cause a business to close, so that its assets can be sold to pay its debts.
    • Determine the liabilities and apportion the assets of especially in bankruptcy or dissolution.
     
  3. Liquidate Definition & Meaning - Merriam-Webster

     
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    To liquidate a company is to close it down and sell all its assets, usually because it is in debt.

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