li¦quid|ate
[ˈlɪkwɪdeɪt]
VERB
wind up the affairs of (a business) by ascertaining liabilities and apportioning assets.
"if the company was liquidated, there would be enough funds released to honour the debts"
synonyms: close down · wind up · put into liquidation · dissolve · [More]
(of a business) go into liquidation.
"the company would have the strength to reorganize and not be forced to liquidate"
convert (assets) into cash:
"a plan to liquidate £1 billion worth of property over seven years"
synonyms: convert to cash · convert · cash · cash in · sell off · [More]
|