Liquidation
WordNet
noun
(1) The murder of a competitor
(2) Termination of a business operation by using its assets to discharge its liabilities
(3) The act of exterminating
WiktionaryText
Noun
- The process of converting into cash (or into an asset with high liquidity).
- The selling of the assets of a business as part of the process of dissolving the business.
- The store is having a liquidation sale, everything must go as they go out of business.
Related terms
- liquid
- liquidate
- liquidator
- liquidity
- liquidizer
- liquor