Liquidate
Liquidate Liq"ui*date (l[i^]k"w[i^]*d[=a]t), v. t. [imp. & p. p. {Liquidated} (-d[=a]`t[e^]d); p. pr. & vb. n. {Liquidating}.] [LL. liquidatus, p. p. of liquidare to liquidate, fr. L. liquidus liquid, clear. See {Liquid}.] 1. (Law) To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness) clear and certain. [1913 Webster]

A debt or demand is liquidated whenever the amount due is agreed on by the parties, or fixed by the operation of law. --15 Ga. Rep. 321. [1913 Webster]

If our epistolary accounts were fairly liquidated, I believe you would be brought in considerable debtor. --Chesterfield. [1913 Webster]

2. In an extended sense: To ascertain the amount, or the several amounts, of, and apply assets toward the discharge of (an indebtedness). --Abbott. [1913 Webster]

3. To discharge; to pay off or settle, as an indebtedness. [1913 Webster]

Friburg was ceded to Zurich by Sigismund to liquidate a debt of a thousand florins. --W. Coxe. [1913 Webster]

4. To make clear and intelligible. [1913 Webster]

Time only can liquidate the meaning of all parts of a compound system. --A. Hamilton. [1913 Webster]

5. To make liquid. [Obs.] [1913 Webster]

6. To convert (assets) into cash. [PJC]

7. To kill; -- used mostly of governments or organizations killing their enemies; as, Stalin liquidated many of the Kulaks. [PJC]

8. To dissolve (an organization); to terminate (an activity). [PJC]

{Liquidated damages} (Law), damages the amount of which is fixed or ascertained. --Abbott. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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  • liquidate — liq·ui·date / li kwə ˌdāt/ vb dat·ed, dat·ing vt 1: to determine by agreement or litigation the precise amount of; also: to settle (a debt) by payment or other adjustment 2 a: to determine the liabilities and apportion the assets of esp. in… …   Law dictionary

  • liquidate — liquidate, liquidize Liquidate is the word used in business contexts and in the sense ‘eliminate by killing’. Liquidize is a more recent word meaning ‘to make liquid’ (in physical senses) and is now principally used in the context of the kitchen… …   Modern English usage

  • liquidate — [v1] pay; change into cash cash, cash in, cash out, clear, convert, discharge, exchange, honor, pay off, quit, realize, reimburse, repay, satisfy, sell off, sell up, settle, square; concept 330 Ant. invest, keep liquidate [v2] destroy, dissolve… …   New thesaurus

  • liquidate — [lik′wi dāt΄] vt. liquidated, liquidating [< ML liquidatus, pp. of liquidare, to make liquid or clear < L liquidus, LIQUID] 1. to settle by agreement or legal process the amount of (indebtedness, damages, etc.) 2. to settle the accounts of… …   English World dictionary

  • liquidate — (v.) 1570s, to reduce to order, to set out clearly (of accounts), from L.L. or M.L. liquidatus, pp. of liquidare to melt, make liquid or clear, clarify, from L. liquidus (see LIQUID (Cf. liquid)). Sense of clear away (a debt) first recorded 1755 …   Etymology dictionary

  • liquidate — ► VERB 1) wind up the affairs of (a company) by ascertaining liabilities and apportioning assets. 2) convert (assets) into cash. 3) pay off (a debt). 4) informal eliminate; kill. DERIVATIVES liquidation noun liquidator noun …   English terms dictionary

  • liquidate — to settle a debt or to convert to cash.This literally means to do away with. Glossary of Business Terms Selling (or purchasing) futures contracts of the same delivery month purchased (or sold) during an earlier transaction or making (or taking)… …   Financial and business terms

  • liquidate — /lik wi dayt /, v., liquidated, liquidating. v.t. 1. to settle or pay (a debt): to liquidate a claim. 2. to reduce (accounts) to order; determine the amount of (indebtedness or damages). 3. to convert (inventory, securities, or other assets) into …   Universalium

  • liquidate — [[t]lɪ̱kwzɪdeɪt[/t]] liquidates, liquidating, liquidated 1) VERB To liquidate a company is to close it down and sell all its assets, usually because it is in debt. [TECHNICAL] [V n] A unanimous vote was taken to liquidate the company. Derived… …   English dictionary

  • liquidate — UK [ˈlɪkwɪdeɪt] / US [ˈlɪkwɪˌdeɪt] verb Word forms liquidate : present tense I/you/we/they liquidate he/she/it liquidates present participle liquidating past tense liquidated past participle liquidated 1) a) [intransitive/transitive] business to… …   English dictionary

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