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English definition of “liquidate”

liquidate

verb uk   /ˈlɪk.wɪ.deɪt/ us  

liquidate verb (CLOSE)

[I or T] to cause a business to close, so that its assets can be sold to pay its debtsStarting, succeeding and failing in businessBorrowing, lending and debt

liquidate verb (KILL)

[T] to kill someoneKillingMurder and attempted murder
liquidation
noun [C or U] uk   /ˌlɪk.wɪˈdeɪ.ʃən/ us  
After three years of heavy losses the company went into liquidation with debts totalling £100 million.Starting, succeeding and failing in businessBorrowing, lending and debt
(Definition of liquidate from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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