v.
Pronunciation: ' li-kw ə - ˌ d ā t
Function: verb
Inflected Form: -dat · ed ; -dat · ing
Etymology: Late Latin liquidatus, past participle of liquidare to melt, from Latin liquidus
Date: circa 1575
transitive verb
1 a (1) : to determine by agreement or by litigation the precise amount of (indebtedness, damages, or accounts) (2) : to determine the liabilities and apportion assets toward discharging the indebtedness of b : to settle (a debt) by payment or other settlement
2 archaic : to make clear
3 : to do away with
4 : to convert (assets) into cash
intransitive verb
1 : to liquidate debts, damages, or accounts
2 : to determine liabilities and apportion assets toward discharging indebtedness
– liq · ui · da · tion \ ˌ li-kw ə - ' d ā -sh ə n \ noun