liquidate
pronunciation
How to pronounce liquidate in British English:
UK [ˈlɪkwɪdeɪt]
How to pronounce liquidate in American English:
US [ˈlɪkwɪˌdet]
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- Verb:
- get rid of (someone who may be a threat) by killing
- eliminate by paying off (debts)
- convert into cash
- settle the affairs of by determining the debts and applying the assets to pay them off
Word Origin
- liquidate (v.)
- 1570s, "to reduce to order, to set out clearly" (of accounts), from Late Latin or Medieval Latin liquidatus, past participle of liquidare "to melt, make liquid or clear, clarify," from Latin liquidus (see liquid). Sense of "clear away" (a debt) first recorded 1755. The meaning "wipe out, kill" is from 1924, possibly from Russian likvidirovat. Related: Liquidated; liquidating.
Example
- 1. But some of its operations could be taken over by another automaker or it could even be forced to liquidate .
- 2. The act creates an essential mechanism for the government to orderly liquidate failing financial firms without putting taxpayers at risk .
- 3. Regulators worried that ltcm creditors would liquidate assets to cover their losses related to the hedge fund , triggering a panic .
- 4. However , bondholders have argued that some of the companies have the ability to pay more than they are offering , so they have filed so-called winding-up petitions asking indian courts to liquidate the company .
- 5. The law gives the government authority to take over and liquidate failing financial firms , injects transparency into transactions involving financial instruments called derivatives and will restrict banks from making risky bets with their own capital .