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Liquidation   /lˌɪkwɪdˈeɪʃən/   Listen
Liquidation

noun
1.
Termination of a business operation by using its assets to discharge its liabilities.  Synonym: settlement.
2.
The act of exterminating.  Synonym: extermination.
3.
The murder of a competitor.  Synonym: elimination.






WordNet 3.0 © 2010 Princeton University








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"Liquidation" Quotes from Famous Books



... the kemp," said he, "and getting into the open air—sub diu, Mr. Hycy—I felt a general liquidation of my whole bodily strength, with a strong disposition to make short excursions to the right or to the left rather than hold my way straight a-head, with, I must confess, an equal tendency to deposit my body on my mother earth and enact ...
— The Emigrants Of Ahadarra - The Works of William Carleton, Volume Two • William Carleton

... William and Mary, in the fifth and sixth of whose reign an Act was passed for raising what was called an "Orphans' Fund." The estates of the Corporation were charged with the annual payment of 8,000 pounds towards the liquidation of their debt, and for the same purpose a duty of 2,000 pounds a year on the personal property of the citizens was paid till 1795. To meet these heavy charges a duty of fourpence per chaldron was levied on coals and culm imported into London, and also an additional duty ...
— The Corporation of London: Its Rights and Privileges • William Ferneley Allen

... tempting opportunities to investors. The likelihood of a genuine panic is lessened by the fact that every one recognizes the real cause of the disturbance and that insolvency is not suspected. According to the best commercial observers, the previous liquidation had been fairly well completed. Unless they are mistaken, disaster will ...
— The New York Times Current History of the European War, Vol. 1, January 9, 1915 - What Americans Say to Europe • Various

... clearly before the poet-composer's eyes. Meanwhile the contract with Holtei drew to a close, but there were difficulties in the way that could not easily be removed. He had contracted many debts and without proof of their liquidation no one could at that time leave Russia. Flight was determined upon. His friend from Koenigsberg, an old and rich lumber merchant, in whose house he had spent many a social evening, took his wife in a carriage over the border, passing ...
— Life of Wagner - Biographies of Musicians • Louis Nohl

... lawyer, as he carefully folded his glasses and put them away in his pocket, "that there is a very considerable sum of money at Mr. Farrington's bank. It will be for the courts to decide in how so far that money is to be applied to the liquidation of debts incurred by the deceased as director of a public company. That is to say, that it will be a question for the supreme judicature whether the private fortune of the late Mr. Farrington will be seized to satisfy his ...
— The Secret House • Edgar Wallace


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