Definitions for: Liquidation


[n] the murder of a competitor
[n] termination of a business operation by using its assets to discharge its liabilities
[n] the act of exterminating



Webster (1913) Definition: Liq`ui*da"tion (l[i^]k`w[i^]*d[=a]"sh[u^]n), n.
[Cf. F. liquidation.]
The act or process of liquidating; the state of being
liquidated.

To go into liquidation (Law), to turn over to a trustee
one's assets and accounts, in order that the several
amounts of one's indebtedness may be authoritatively
ascertained, and that the assets may be applied toward
their discharge.

Synonyms: elimination, extermination, settlement

See Also: conclusion, destruction, devastation, ending, execution, homicide, murder, slaying, termination, viatical settlement, viaticus settlement

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