1. to convert assets into cash by selling them
Usage: business; finance
2. to close down a business and sell its assets to pay debts
Usage: business; legal
3. to pay off or settle a debt completely
Usage: finance

Examples

• The company decided to liquidate its inventory before closing.
• He had to liquidate his stock portfolio to pay for medical expenses.
• The failing restaurant was forced to liquidate after mounting debts.
• She liquidated her mortgage early with a large payment.
• The new policy aims to liquidate corruption in government agencies.
• Investors rushed to liquidate their holdings during the market crash.