liquidation

/,likwi'deiʃn/
Học thuật
Thân thiện
Definition
  1. Noun:
    • The process of closing a business and selling its assets to pay its debts: The formal termination of a company's operations, where its property is converted to cash to settle outstanding obligations.
    • The act of eliminating or killing someone or something: The complete destruction or eradication of a person, group, or thing, often used in a figurative or literal sense.
Examples of Usage
  • Noun (Business context):
    • The company went into liquidation after failing to secure new funding.
    • During the liquidation, all factory equipment was sold at auction.
  • Noun (Elimination context):
    • The dictator ordered the liquidation of his political opponents. (This usage is often associated with violence or forceful removal.)
Advanced Usage
  • "To go into liquidation": To enter the legal process of being dissolved and having assets sold.
    • If we cannot repay the loan, the business will have to go into liquidation.
  • "Forced liquidation": A situation where assets must be sold quickly, often at a loss, to meet immediate financial demands.
    • The margin call resulted in the forced liquidation of his stock portfolio.
Variants and Related Words
  • Liquidate (verb): To bring a business to an end and distribute its assets to claimants; or to eliminate.
    • The court ordered them to liquidate the company's assets.
    • The regime sought to liquidate all dissent.
  • Liquidator (noun): An official appointed to oversee the process of liquidation.
    • The liquidator is responsible for selling the company's remaining inventory.
Synonyms
  • Closure (Business): The act of permanently stopping operations.
  • Winding up (Business): The process of concluding all affairs and dissolving a company.
  • Extermination (Elimination): Complete destruction.
  • Annihilation (Elimination): Total destruction.
Related Phrases
  • Fire sale: A sale of goods or assets at very low prices, typically during a liquidation.
    • The store held a fire sale during its final week of liquidation.
  • Assets are liquidated: A phrase describing the conversion of property into cash.
    • To pay the creditors, all remaining assets were liquidated.
Noun
  1. the murder of a competitor
  2. the act of exterminating
  3. termination of a business operation by using its assets to discharge its liabilities

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