Liquidate - Meaning, Definition & English Examples
Liquidate means to convert assets into cash by selling them, often to pay off debts. It can also refer to closing a business or eliminating something completely.
Definition:
To convert assets into cash, settle debts, or eliminate something completely.
Synonyms:
sell off, dispose of, wind up, dissolve
Part of Speech:
verb
Antonyms:
acquire, preserve
Common Collocations:
liquidate assets, liquidate a company, liquidate inventory
Derivatives:
liquidation, liquidator
Usage Tips:
Use "liquidate" for selling assets or closing a business; avoid in casual contexts about personal items.
Common Phrases:
liquidate holdings, forced to liquidate, liquidate the estate
Etymology:
From Latin "liquidare" (to make clear or fluid), via French "liquider."
Examples:
- 1. The company decided to liquidate its unused equipment.
- 2. He had to liquidate his stocks to pay the debt.
- 3. The court ordered them to liquidate the bankrupt firm.
- 4. They plan to liquidate all inventory before the holiday season.