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liquidated

Variant of liquidate

transitive verb liquidated, liquidating

  1. to settle by agreement or legal process the amount of (indebtedness, damages, etc.)
  2. to settle the accounts of (a bankrupt business firm that is closing, etc.) by apportioning assets and debts
  3. to pay or settle (a debt)
  4. to convert (holdings or assets) into cash
  5. to dispose of or get rid of, as by killing

intransitive verb

to liquidate debts, accounts, etc.

Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.

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