1. converted into cash or settled by payment
Usage: business; finance
2. closed down and assets sold off
Usage: business
3. eliminated or destroyed
Usage: formal

Examples

• The debt was finally liquidated after years of payments.
• All assets were liquidated to pay the creditors.
• The company was liquidated due to bankruptcy.
• His investment portfolio was completely liquidated.
• The old inventory was liquidated at discount prices.
• The partnership was liquidated by mutual agreement.
• All opposition to the plan was systematically liquidated.