liquidate

liquidate
liq·ui·date /'li-kwə-ˌdāt/ vb -dat·ed, -dat·ing
vt
1: to determine by agreement or litigation the precise amount of; also: to settle (a debt) by payment or other adjustment
2 a: to determine the liabilities and apportion the assets of esp. in bankruptcy or dissolution
liquidate a corporation compare bankruptcy
b: to convert (as assets) into cash
liquidate an estate
vi: to liquidate something (as a corporation)
liq·ui·da·tion /ˌli-kwə-'dā-shən/ n

Merriam-Webster’s Dictionary of Law. . 1996.

liquidate
I (convert into cash) verb cash in, change into cash, change into money, conclude, distribute assets, exchange for money, finish, realize in cash, redeem, sell, sell assets, terminate, terminate business affairs, turn into money associated concepts: liquidated account, liquidating trust, liquidation of assets, trustees in liquidation II (determine liability) verb adjust, ascertain liability, ascertain the amount of indebtedness, ascertain the balance due, assemble and apportion assets, cancel debts, determine the amount of indebtedness, discharge, discharge a liability, discharge debts, dispose of, extinguish indebtedness, make restitution, meet payments, pay, pay and settle, pay debts, satisfy, settle, settle accounts with the debtors and creditors associated concepts: liquidated claim, liquidated damages, liquidated debt, liquidated demand III index defray, destroy (efface), discharge (pay a debt), disorganize, dispatch (put to death), eliminate (eradicate), eradicate, extinguish, extirpate, kill (murder), obliterate, pay, remove (eliminate), slay

Burton's Legal Thesaurus. . 2006


liquidate
v.
(1) To convert assets into cash; to sell assets.
(2) To settle; to pay debts; to settle the affairs of a business by determining debts and apportioning assets.
n.
liquidation

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


liquidate
To sell the assets of a business, pay the business's debts, and divide the remainder among shareholders, partners, or other investors.
Category: Business, LLCs & Corporations → Buying or Selling a Business

Nolo’s Plain-English Law Dictionary. . 2009.

liquidate
USA
To sell assets for cash.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


liquidate
v.
1 In bankruptcy or insolvency, to terminate a business by the sale of its assets to pay its liabilities.
2 To pay a debt.
3 To convert hard assets into cash.
4 To set, by contract or stipulation, a fixed amount for damages resulting from a particular harm.

Webster's New World Law Dictionary. . 2000.


liquidate
To pay and settle the amount of a debt; to convert assets to cash; to aggregate the assets of an insolvent enterprise and calculate its liabilities in order to settle with the debtors and the creditors and apportion the remaining assets, if any, among the stockholders or owners of the corporation.

Dictionary from West's Encyclopedia of American Law. 2005.


liquidate
To pay and settle the amount of a debt; to convert assets to cash; to aggregate the assets of an insolvent enterprise and calculate its liabilities in order to settle with the debtors and the creditors and apportion the remaining assets, if any, among the stockholders or owners of the corporation.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

liquidate
v.
   to sell the assets of a business, paying bills and dividing the remainder among shareholders, partners or other investors.
   See also: wind up

Law dictionary. . 2013.

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Synonyms:
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Look at other dictionaries:

  • Liquidate — Liq ui*date (l[i^]k w[i^]*d[=a]t), v. t. [imp. & p. p. {Liquidated} ( d[=a] t[e^]d); p. pr. & vb. n. {Liquidating}.] [LL. liquidatus, p. p. of liquidare to liquidate, fr. L. liquidus liquid, clear. See {Liquid}.] 1. (Law) To determine by… …   The Collaborative International Dictionary of English

  • liquidate — liquidate, liquidize Liquidate is the word used in business contexts and in the sense ‘eliminate by killing’. Liquidize is a more recent word meaning ‘to make liquid’ (in physical senses) and is now principally used in the context of the kitchen… …   Modern English usage

  • liquidate — [v1] pay; change into cash cash, cash in, cash out, clear, convert, discharge, exchange, honor, pay off, quit, realize, reimburse, repay, satisfy, sell off, sell up, settle, square; concept 330 Ant. invest, keep liquidate [v2] destroy, dissolve… …   New thesaurus

  • liquidate — [lik′wi dāt΄] vt. liquidated, liquidating [< ML liquidatus, pp. of liquidare, to make liquid or clear < L liquidus, LIQUID] 1. to settle by agreement or legal process the amount of (indebtedness, damages, etc.) 2. to settle the accounts of… …   English World dictionary

  • liquidate — (v.) 1570s, to reduce to order, to set out clearly (of accounts), from L.L. or M.L. liquidatus, pp. of liquidare to melt, make liquid or clear, clarify, from L. liquidus (see LIQUID (Cf. liquid)). Sense of clear away (a debt) first recorded 1755 …   Etymology dictionary

  • liquidate — ► VERB 1) wind up the affairs of (a company) by ascertaining liabilities and apportioning assets. 2) convert (assets) into cash. 3) pay off (a debt). 4) informal eliminate; kill. DERIVATIVES liquidation noun liquidator noun …   English terms dictionary

  • liquidate — to settle a debt or to convert to cash.This literally means to do away with. Glossary of Business Terms Selling (or purchasing) futures contracts of the same delivery month purchased (or sold) during an earlier transaction or making (or taking)… …   Financial and business terms

  • liquidate — /lik wi dayt /, v., liquidated, liquidating. v.t. 1. to settle or pay (a debt): to liquidate a claim. 2. to reduce (accounts) to order; determine the amount of (indebtedness or damages). 3. to convert (inventory, securities, or other assets) into …   Universalium

  • liquidate — [[t]lɪ̱kwzɪdeɪt[/t]] liquidates, liquidating, liquidated 1) VERB To liquidate a company is to close it down and sell all its assets, usually because it is in debt. [TECHNICAL] [V n] A unanimous vote was taken to liquidate the company. Derived… …   English dictionary

  • liquidate — UK [ˈlɪkwɪdeɪt] / US [ˈlɪkwɪˌdeɪt] verb Word forms liquidate : present tense I/you/we/they liquidate he/she/it liquidates present participle liquidating past tense liquidated past participle liquidated 1) a) [intransitive/transitive] business to… …   English dictionary

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