LIQUIDATE

neutralize, neutralise, liquidate, waste, knock off, do in

(verb) get rid of (someone who may be a threat) by killing; “The mafia liquidated the informer”; “the double agent was neutralized”

liquidate

(verb) settle the affairs of by determining the debts and applying the assets to pay them off; “liquidate a company”

liquidate

(verb) convert into cash; “I had to liquidate my holdings to pay off my ex-husband”

liquidate, pay off

(verb) eliminate by paying off (debts)

Source: WordNet® 3.1


Etymology

Verb

liquidate (third-person singular simple present liquidates, present participle liquidating, simple past and past participle liquidated)

(transitive) To settle (a debt) by paying the outstanding amount.

(transitive) To settle the affairs of (a company), by using its assets to pay its debts.

(transitive) To convert (assets) into cash; to redeem.

(legal, transitive) To determine by agreement or by litigation the precise amount of (indebtedness); to make the amount of (a debt) clear and certain.

• 15 Ga. Rep. 821

(transitive) To do away with.

(transitive) To kill.

(obsolete, transitive) To make clear and intelligible.

(obsolete, transitive) To make liquid.

Synonyms

• (to settle the affairs): conclude

• (to kill): kill

Anagrams

• qualitied

Source: Wiktionary


Liq"ui*date, v. t. [imp. & p. p. Liquidated; p. pr. & vb. n. Liquidating.] Etym: [LL. liquidatus, p. p. of liquidate to liquidate, fr. L. liquidus liquid, clear. See Liquid.]

1. (Law)

Definition: To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness); clear and certain. A debt or demand is liquidated whenever the amount due is agreed on by the parties, or fixed by the operation of law. 15 Ga. Rep. 821. If our epistolary accounts were fairly liquidated, I believe you would be brought in considerable debtor. Chesterfield.

2. In an extended sense: To ascertain the amount, or the several amounts, of , and apply assets toward the discharge of (an indebtedness). Abbott.

3. To discharge; to pay off, as an indebtedness. Friburg was ceded to Zurich by Sigismund to liquidate a debt of a thousand florins. W. Coxe.

4. To make clear and intelligible. Time only can liquidate the meaning of all parts of a compound system. A. Hamilton.

5. To make liquid. [Obs.] Liquidated damages (Law), damages the amount of which is fixed or ascertained. Abbott.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

4 July 2024

CHLORTHALIDONE

(noun) a diuretic (trade names Hygroton and Thalidone) used to control hypertension and conditions that cause edema; effective in lowering blood pressure to prevent heart attacks


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