(~s, liquidating, ~d)
1.
To ~ a company is to close it down and sell all its assets, usually because it is in debt. (BUSINESS)
A unanimous vote was taken to ~ the company.
VERB: V n
liquidation (liquidations)
The company went into liquidation...
The number of company liquidations rose 11 per cent.
N-VAR
2.
If a company ~s its assets, its property such as buildings or machinery is sold in order to get money. (BUSINESS)
The company closed down operations and began liquidating its assets in January.
VERB: V n
3.
If someone in a position of power ~s people who are causing problems, they get rid of them, usually by killing them.
They have not hesitated in the past to ~ their rivals.
= eliminate
VERB: V n