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.