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liquidation
[ lik-wi-dey-shuhn ]
noun
- the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc.
- the process of converting securities or commodities into cash.
- the state of being liquidated:
an estate in liquidation.
liquidation
/ ˌɪɪˈɪʃə /
noun
- the process of terminating the affairs of a business firm, etc, by realizing its assets to discharge its liabilities
- the state of a business firm, etc, having its affairs so terminated (esp in the phrase to go into liquidation )
- destruction; elimination
liquidation
- The conversion of the assets of a firm into cash, often just before the firm goes out of business.
Other 51Թ Forms
- ԴDzl·ܾ·岹tDz noun
- l·ܾ·岹tDz noun
- l·ܾ·岹tDz noun
51Թ History and Origins
Origin of liquidation1
Example Sentences
The firm said it would conduct liquidation sales at its stores and that some or all of its assets would be sold in a court-supervised process.
To stem losses, Forever 21 may pursue another bankruptcy filing that would involve the sale of assets or the liquidation of remaining stores, Bloomberg reported.
Authentic Brands plans to license the brand to other retailers and distributors regardless of the U.S. operator’s sale or liquidation, Bloomberg reported.
Others stress how the idea of permanently displacing Gazans would be tantamount to the liquidation of the Palestinian quest for statehood.
Big Lots, Kohl’s and Macy’s are also currently holding liquidation sales.
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