The definition of liquidate is to turn assets into cash, or to sell assets and pay creditors.(verb)
See liquidate in Webster's New World College Dictionary
Origin: < ML liquidatus, pp. of liquidare, to make liquid or clear < L liquidus, liquid
See liquidate in American Heritage Dictionary 4
verb liq·ui·dat·ed, liq·ui·dat·ing, liq·ui·dates verb, transitive
Origin: Late Latin liquidāre, liquidāt-, to melt
Origin: , from Latin liquidus, liquid; see liquid.
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