liquidate a debt
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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… … The Collaborative International Dictionary of English
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 — / lɪkwɪdeɪt/ verb ♦ to liquidate a company to close a company and sell its assets ♦ to liquidate a debt to pay a debt in full ♦ to liquidate stock to sell stock to raise cash … Dictionary of banking and finance
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 — [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 — /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 — liq•ui•date [[t]ˈlɪk wɪˌdeɪt[/t]] v. dat•ed, dat•ing 1) bus to settle or pay (a debt): to liquidate a claim[/ex] 2) bus to reduce (accounts) to order; determine the amount of (indebtedness or damages) 3) bus to dissolve (a business or estate) by… … From formal English to slang
liquidate — [c]/ˈlɪkwədeɪt / (say likwuhdayt) verb (liquidated, liquidating) –verb (t) 1. to settle or pay (a debt, etc.): to liquidate a claim. 2. to reduce (accounts) to order; determine the amount of (indebtedness or damages). 3. to convert into cash. 4.… …