liq·ui·date
(lĭḱwĭ-dāt́)
[Late Latin liquidāre, liquidāt-, to melt, from Latin liquidus, liquid; see liquid.]
verb: -dat·ed, -dat·ing, -dates.
transitive verb
- To pay off (a debt, a claim, or an obligation); settle.
- To settle the affairs of (a business firm, for example) by determining the liabilities and applying the assets to their discharge.
- To convert (assets) into cash.
- To put an end to; abolish.
- To put to death; kill.
intransitive verb
- To settle a debt, a claim, or an obligation.
- To settle the affairs of a business or an estate by disposing of its assets and liabilities. See synonyms at eliminate
derivatives
- liq́ui·dátion
- noun
- liq́ui·dátor
- noun