A liquidating or being liquidated.
Webster's New World
The definition of liquidation is the act of turning assets into cash.
When a business closes and sells all of its merchandise because it is bankrupt, this is an example of liquidation.
When you sell your investment to free up the cash, this is an example of liquidation of the investment.
The selling of the assets of a business as part of the process of dissolving the business.
The store is having a liquidation sale, everything must go as they go out of business.
Other Word Forms of Liquidation
Idioms, Phrasal Verbs Related to Liquidation
- go into liquidation
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