1. converting assets into cash by selling them
Usage: business; finance
2. closing down a business and selling its assets to pay debts
Usage: business; legal
3. paying off or settling a debt completely
Usage: finance

Examples

• The company is liquidating its inventory before closing.
• They are liquidating their stock portfolio to buy a house.
• The bankrupt firm is liquidating all its assets.
• He’s liquidating his debts one by one.
• The store is liquidating everything at 50% off.
• The business is liquidating after twenty years of operation.