LIQUIDATION

elimination, liquidation

(noun) the murder of a competitor

liquidation, settlement

(noun) termination of a business operation by using its assets to discharge its liabilities

extermination, liquidation

(noun) the act of exterminating

Source: WordNet® 3.1


Etymology

Noun

liquidation (countable and uncountable, plural liquidations)

The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.

The selling of the assets of a business as part of the process of dissolving the business.

(euphemism) Murder of dehumanized victims by a regime (and possibly its allies).

Source: Wiktionary


Liq`ui*da"tion, n. Etym: [Cf. F. liquidation.]

Definition: The act or process of liquidating; the state of being liquidated. To go into liquidation (Law), to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness be authoritatively ascertained, and that the assets may be applied toward their discharge.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

22 September 2024

SPRINGBOARD

(noun) a beginning from which an enterprise is launched; “he uses other people’s ideas as a springboard for his own”; “reality provides the jumping-off point for his illusions”; “the point of departure of international comparison cannot be an institution but must be the function it carries out”


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