liquidation

The definition of liquidation is the act of turning assets into cash.

(noun)

  1. When a business closes and sells all of its merchandise because it is bankrupt, this is an example of liquidation.
  2. When you sell your investment to free up the cash, this is an example of liquidation of the investment.

YourDictionary definition and usage example. Copyright © 2013 by LoveToKnow Corp.

See liquidation in Webster's New World College Dictionary

noun

a liquidating or being liquidated

Learn more about liquidation

link/cite print suggestion box