Liquidate definition

To eliminate, especially by killing.

To convert hard assets into cash.

The definition of liquidate is to turn assets into cash, or to sell assets and pay creditors.

To convert (assets) into cash.

To pay off (a debt, claim, or obligation); settle.

To settle the affairs of (a business firm, for example) by determining the liabilities and applying the assets to their discharge.

To settle a debt, claim, or obligation.

To settle the affairs of a business or estate by disposing of its assets and liabilities.

To settle the accounts of (a bankrupt business firm) by apportioning assets and debts.

To pay or settle (a debt)

To convert (holdings or assets) into cash.

To dispose of or get rid of, as by killing.

To liquidate debts, accounts, etc.

To sell all of a business’s assets and close down the business. An involuntary liquidation is called a Chapter 7 bankruptcy.

To close a brokerage account and sell its stocks and investments.

To close open futures and options positions. If futures are owned, an equivalent amount is sold to liquidate a position. If futures have been sold short, then the equivalent position is bought to liquidate a position.

In bankruptcy or insolvency, to terminate a business by the sale of its assets to pay its liabilities.

To pay a debt.

To set, by contract or stipulation, a fixed amount for damages resulting from a particular harm.

To do away with.

To settle by agreement or legal process the amount of (indebtedness, damages, etc.)