- To determine by agreement or by litigation the
precise amount of (indebtedness); or, where there is an indebtedness to
more than one person, to determine the precise amount of (each
indebtedness); to make the amount of (an indebtedness) clear and
certain. - In an extended sense: To ascertain the amount, or the
several amounts, of , and apply assets toward the discharge of (an
indebtedness). - To discharge; to pay off, as an indebtedness. - To make clear and intelligible. - To make liquid.
Meaning of 'liquidate' (Princeton's WordNet)
1 . liquidate
[ v]
Meaning (1): - convert into cash
Example in sentence:
I had to liquidate my holdings to pay off my ex-husband
Meaning (2): - settle the affairs of by determining the debts and applying the assets to pay them off
Example in sentence:
liquidate a company
Meaning (3): - get rid of (someone who may be a threat) by killing