liquidate
to convert assets into cash, often to pay debts
In more detail
1. (verb) to close a business and sell its assets to pay debts
2. (verb) to convert assets into cash
3. (verb) to eliminate or get rid of something completely
Examples
- 1. The company decided to liquidate after years of financial losses.
- 2. They liquidated their investments to buy a house.
- 3. The government worked to liquidate the threat posed by the rebels.
How to use liquidate
Liquidate is used primarily in financial and business contexts to describe converting assets to cash or closing a business entity. It is formal and technical when referring to financial matters, but can also appear in more general contexts meaning to eliminate or dispose of something. The third sense (eliminate) is more informal and carries a euphemistic tone.
Common phrases
- liquidate assets
- liquidate a company
- liquidate inventory
- liquidate debts
- liquidate position
Synonyms
wind up · dissolve · settle · convert to cash · eliminate
Opposites
establish · found · create
Word family
liquidation (noun) · liquidator (noun) · liquid (adjective)
A common mistake
Learners sometimes confuse liquidate with liquidize (to blend or make liquid); these are distinct words with different meanings and contexts.
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