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liquidate
verb
liq·ui·date ˈli-kwə-ˌdāt 
liquidated; liquidating
1
a(1)
: to determine by agreement or by litigation the precise amount of (indebtedness, damages, or accounts)
(2)
: to determine the liabilities (see liability sense 2) and apportion assets toward discharging the indebtedness of
2
: to determine liabilities (see liability sense 2) and apportion assets toward discharging indebtedness
Synonyms
Example Sentences
The owners were ordered to liquidate the company and pay their creditors. The company is liquidating its assets. The owners were ordered to liquidate. The film is about a professional killer who's hired to liquidate a powerful businessman.
Recent Examples on the Web ArcLight Cinemas last year declared Chapter 7 bankruptcy in order to liquidate its holdings. 
Ryan Faughnder, Los Angeles Times, 7 Sep. 2022 If 65 percent of the company’s shareholders don’t approve the extension by Thursday, the company could be forced to liquidate, a potentially devastating blow that would leave Truth Social with nothing. Drew Harwell, Washington Post, 6 Sep. 2022 Her former businesses are now under control of a receiver appointed to liquidate the companies’ assets and recover funds for the scheme’s investors. Ron Hurtibise, Sun Sentinel, 30 Aug. 2022 The Justice Ministry seeks to liquidate the country’s branch of the Jewish Agency for Israel, according to a notice from Moscow’s Basmanny district court, where the case will be heard on July 28. Leila Sackur, NBC News, 24 July 2022 Russian authorities have asked a Moscow court to liquidate a prominent group handling the emigration of Jews to Israel in a move likely to raise tensions with Tel Aviv. Bloomberg.com, 21 July 2022 Three Arrows Capital has been ordered to liquidate by a British Virgin Islands court. Declan Harty, Fortune, 30 June 2022 If George fails to deposit more bitcoin to maintain the 50% LTV or pay down the loan, the exchange can liquidate the BTC at the market price to limit their losses. Shehan Chandrasekera, Forbes, 28 June 2022 If the user failed to keep their assets above that threshold, FTX would auto-liquidate other on-exchange assets to bring the user’s account back into compliance with its rule. Freddy Brewster, Los Angeles Times, 12 Aug. 2022 See More
Ryan Faughnder, Los Angeles Times, 7 Sep. 2022 If 65 percent of the company’s shareholders don’t approve the extension by Thursday, the company could be forced to liquidate, a potentially devastating blow that would leave Truth Social with nothing. Drew Harwell, Washington Post, 6 Sep. 2022 Her former businesses are now under control of a receiver appointed to liquidate the companies’ assets and recover funds for the scheme’s investors. Ron Hurtibise, Sun Sentinel, 30 Aug. 2022 The Justice Ministry seeks to liquidate the country’s branch of the Jewish Agency for Israel, according to a notice from Moscow’s Basmanny district court, where the case will be heard on July 28. Leila Sackur, NBC News, 24 July 2022 Russian authorities have asked a Moscow court to liquidate a prominent group handling the emigration of Jews to Israel in a move likely to raise tensions with Tel Aviv. Bloomberg.com, 21 July 2022 Three Arrows Capital has been ordered to liquidate by a British Virgin Islands court. Declan Harty, Fortune, 30 June 2022 If George fails to deposit more bitcoin to maintain the 50% LTV or pay down the loan, the exchange can liquidate the BTC at the market price to limit their losses. Shehan Chandrasekera, Forbes, 28 June 2022 If the user failed to keep their assets above that threshold, FTX would auto-liquidate other on-exchange assets to bring the user’s account back into compliance with its rule. Freddy Brewster, Los Angeles Times, 12 Aug. 2022 See More Word History
Etymology
Late Latin liquidatus, past participle of liquidare to melt, from Latin liquidus
First Known Use
circa 1575, in the meaning defined at transitive sense 1a(1)
Time Traveler
The first known use of liquidate was circa 1575 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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