liquidate

Verb

• settle the affairs of by determining the debts and applying the assets to pay them off
  • liquidate a company
    

• convert into cash
  • I had to liquidate my holdings to pay off my ex-husband
    

• eliminate by paying off (debts)

• get rid of (someone who may be a threat) by killing
  • The mafia liquidated the informer
    
  • the double agent was neutralized
    

Related words

• Synonyms: 
  pay off , neutralize , neutralise , waste , knock off , do in