Meaning of liquidate

liq•ui•date

Pronunciation: (lik'wi-dāt"), [key]
— v., -dat•ed, -dat•ing.
—v.t.
  1. to settle or pay (a debt): to liquidate a claim.
  2. to reduce (accounts) to order; determine the amount of (indebtedness or damages).
  3. to convert (inventory, securities, or other assets) into cash.
  4. to get rid of, esp. by killing: to liquidate the enemies of the regime.
  5. to break up or do away with: to liquidate a partnership.
—v.i.
  1. to liquidate debts or accounts; go into liquidation.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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