liquidation
1 of 1noun/ˌlɪkwɪˈdeɪʃən/
Forms:liquidations
1
the process of closing a business by selling its assets to pay off debts and distribute any remaining value to shareholders
- The company entered liquidation after years of financial losses.
- Creditors were paid first during the liquidation of the bankrupt firm.
- The court appointed a receiver to oversee the liquidation process.
- Shareholders received partial returns following the company's liquidation.
- Liquidation sales attracted buyers looking for discounted inventory.
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2
the act of killing or eliminating someone or something, especially deliberately or systematically
- The dictator ordered the liquidation of political opponents.
- The mission's goal was the liquidation of a high-profile target.
- Historical records document the liquidation of entire villages during the war.
- The rebels called for the liquidation of corrupt officials.
- The film depicts the brutal liquidation of a resistance movement.
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