Meaning of LIQUIDATE in English
liq ‧ ui ‧ date /ˈlɪkwədeɪt, ˈlɪkwɪdeɪt/ BrE AmE verb
[ Date: 1500-1600 ; Language: Late Latin ; Origin: past participle of liquidare 'to melt' , from Latin liquidus ; ⇨ ↑ liquid 2 ]
1 . [intransitive and transitive] to close a business or company and sell the things that belong to it, in order to pay its debts
2 . [transitive] technical to pay a debt:
The stock was sold to liquidate the loan.
3 . [transitive] informal to kill someone or destroy something that is causing a problem
Longman Dictionary of Contemporary English. Longman - Словарь современного английского языка. 2012