■ verb
1》 wind up the affairs of (a company) by ascertaining liabilities and apportioning assets.
↘convert (assets) into cash.
↘pay off (a debt).
2》 informal eliminate; kill.
Derivatives
liquidation noun
liquidator noun
Origin
C16 (in the sense 'set out accounts clearly'): from med. L. liquidat- , liquidare 'make clear', from L. liquidus (see liquid ).