liquidation
/ˌlɪkwɪˈdeɪʃən/
noun
- The process of closing a business by selling its assets to pay debts.
- The court supervised the liquidation of the bankrupt firm.
- The store announced a liquidation sale to clear out all merchandise.
- After years of losses, the company went into liquidation.
- The act of converting assets into cash.
- The liquidation of his stock portfolio gave him enough money to retire.
- She handled the liquidation of the estate after her uncle passed away.
- Rapid liquidation of assets can sometimes lead to lower prices.
- The killing of someone, especially for political or criminal reasons.
- The novel describes the brutal liquidation of a spy ring.
- The secret police were responsible for the liquidation of dissidents.
- The regime carried out the liquidation of political prisoners.
Synonyms