Liquidate meaning
To sell all of a business’s assets and close down the business. An involuntary liquidation is called a Chapter 7 bankruptcy.
The definition of liquidate is to turn assets into cash, or to sell assets and pay creditors.
When you sell your shares of stock and turn them into cash, this is an example of when you liquidate.
When a furniture store sells off its inventory and goes out of business, this is an example of when it liquidates.
verb
To convert (assets) into cash.
verb
To eliminate, especially by killing.
verb
To settle a debt, claim, or obligation.
verb
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To settle the affairs of a business or estate by disposing of its assets and liabilities.
verb
To settle by agreement or legal process the amount of (indebtedness, damages, etc.)
verb
To settle the accounts of (a bankrupt business firm) by apportioning assets and debts.
verb
To pay or settle (a debt)
verb
To convert (holdings or assets) into cash.
verb
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To dispose of or get rid of, as by killing.
verb
To liquidate debts, accounts, etc.
verb
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.
verb
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To pay a debt.
verb
To convert hard assets into cash.
verb
To set, by contract or stipulation, a fixed amount for damages resulting from a particular harm.
verb
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To do away with.
verb
(law) To determine by agreement or by litigation the precise amount of (indebtedness); to make the amount of (a debt) clear and certain.
verb