liquidate

/'likwideit/
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liquidate

The company had to liquidate its assets to pay its creditors.

Definition
  1. Verb (Transitive):
    • To settle the financial affairs of a business by determining debts and using assets to pay them off: This involves closing a company, selling its assets, and paying creditors.
    • To convert assets into cash: To sell possessions, investments, or holdings to obtain money.
    • To pay off a debt: To eliminate a financial obligation by paying the full amount owed.
    • To eliminate or kill someone, especially as a perceived threat: To dispose of a person, often used in contexts of organized crime or espionage.
Usage Examples
  • Verb:
    • The court ordered to liquidate the bankrupt firm to pay its creditors.
    • She had to liquidate her stock portfolio to cover the emergency expenses.
    • He took out a loan to liquidate his existing debts.
    • The gang moved to liquidate any potential witnesses.
Advanced Usage

  • "To liquidate a position" (Finance): To close out an investment or trading position by selling the asset.

    • The hedge fund decided to liquidate its position in the volatile market.

  • "To be liquidated": Describes the state of a company being wound up or assets being sold.

    • The company's assets were liquidated, and the proceeds were distributed.
Variants and Related Words

  • Liquidation (n): The process of liquidating a company or assets.

    • The company went into liquidation.

  • Liquidator (n): A person appointed to manage the liquidation process.

    • The liquidator oversaw the sale of all company property.
Synonyms
  • Settle: To resolve or pay off (a debt or claim).
  • Cash in: To convert something into cash.
  • Annihilate/Eliminate: To completely destroy or remove (for the "kill" meaning).
Phrasal Verbs/Related Constructions
  • Liquidate to pay (something): To sell assets specifically to settle a payment.
    • They liquidated the estate to pay the inheritance tax.
Related Idioms/Phrases
  • "To liquidate one's holdings": A common phrase meaning to sell all of one's investments or property.
    • Fearing a market crash, he chose to liquidate his holdings.
liquidate

The company had to liquidate its assets to pay its creditors.

Verb
  1. settle the affairs of by determining the debts and applying the assets to pay them off
    • liquidate a company
  2. convert into cash
    • I had to liquidate my holdings to pay off my ex-husband
  3. eliminate by paying off (debts)
  4. get rid of (someone who may be a threat) by killing
    • The mafia liquidated the informer
    • the double agent was neutralized

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