Definition of "liquidation" []

  • The process of terminating the affairs of a business firm, etc, by realizing its assets to discharge its liabilities (noun)
  • The state of a business firm, etc, having its affairs so terminated (esp in the phrase to go into liquidation) (noun)
  • Destruction; elimination (noun)
  • The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash. (noun) (c) HarperCollins Publishers Ltd 2016

  • The selling of the assets of a business as part of the process of dissolving the business. (noun) : Text is available under the Creative Commons Attribution-ShareAlike License

Use "liquidation" in a sentence
  • "If so, four or five years, I doubt Obama will be able to pull off the same hijinx and will probably just have to let them enter into a normal bankruptcy process which could very well result in liquidation whereby those UAW pensions are dropped onto the Pension Benefit Guaranty Corporation."
  • "Mr. Antonucci, who pleaded guilty to fraud last week, including criminal charges about this transaction, changed the name of the assets to Park Avenue Property & Casualty Insurance Co., the company that is currently in liquidation in the court."
  • ""There was some short-term liquidation," said Tom Tucci , head of U.S. government bond trading in New York at primary dealer RBC Capital Markets LLC."