vt to make liquid.
2. liquidate ·vt to make clear and intelligible.
3. liquidate ·vt to discharge; to pay off, as an indebtedness.
4. liquidate ·vt in an extended sense: to ascertain the amount, or the several amounts, of , and apply assets toward the discharge of (an indebtedness).
5. liquidate ·vt 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.