liquidate

verb/ˈlɪkwɪdeɪt/

Frequency rank: #15,717 of 20,003 in the WORDED list (wordfreq data)

Meaning

to close down a business and sell off its assets to pay debts, or to convert assets into cash.

Illustration for the English word “liquidate”

Example sentence

The company decided to liquidate its remaining assets to pay off its debts.

Synonyms & related words

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