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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

... to get a letter from some lawyers as to some money. I have never had any account with my friends; some have gained and some lost; and I should feel there was something dishonest in a partial liquidation even if I could recollect the facts, WHICH I CANNOT. But the fact of his having put aside this memorandum ...
— The Letters of Robert Louis Stevenson - Volume 1 • Robert Louis Stevenson

... completed by the Intercolonial Deep Boring Company. The bore has a depth of 4,010 feet, and a flow of 720,000 gallons of water per day, the temperature being 182 degs. Fahrenheit. It had many vicissitudes during its eight years' sinking. Two other companies went into liquidation in carrying out ...
— Reminiscences of Queensland - 1862-1869 • William Henry Corfield

... rebuilding (at the royal expense) "the town of Schmiedeberg, which had been burnt;" of rebuilding, and repairing from their damage, all Silesian villages and dwellings; and still more satisfactory, How, "in May, 1746, there was, in every Circle of the Country, by exact liquidation of Accounts [so rapidly got done], exact payment made to the individuals concerned, 1. of all the hay, straw and corn that had been delivered to his Majesty's Armies; 2. of all the horses that had perished in the King's work; 3. of all the horses stolen by ...
— History of Friedrich II. of Prussia, Vol. XVI. (of XXI.) - Frederick The Great—The Ten Years of Peace.—1746-1756. • Thomas Carlyle

... Madame Hanska testifies to this attitude of his family towards him: "In 1828 I was cast into this poor rue Cassini, in consequence of a liquidation to which I had been compelled, owing one hundred thousand francs and being without a penny, when my family would not even give ...
— Women in the Life of Balzac • Juanita Helm Floyd

... of the military; and the merchant marine was shut up in home or foreign ports. There were said to be 1,500 idle ships in Hamburg alone. Few goods could be exported. Gold was refused for export, of course. A serious liquidation in foreign securities had been going on long before the war. Some foreign securities must have still remained. However that may be, a claim to funds in Germany (i.e., a bill drawn on Germany) was not redeemable in gold, and it fell in price. In normal times a bill ...
— New York Times Current History: The European War, Vol 2, No. 1, April, 1915 - April-September, 1915 • Various

... sober side of the bar in Kenealy's cafe. You and I stood, one-legged like geese, on the other side and went into voluntary liquidation with our week's wages. Opposite danced Con, clean, temperate, clear-headed, polite, white-jacketed, punctual, trustworthy, young, responsible, and took ...
— The Trimmed Lamp • O. Henry

... have expected it!' John exclaimed savagely, two days later, when he received a circular to the effect that a small and desperate minority of shareholders were trying to put the famous brewery company into liquidation under the supervision of the Court. The shares fell another five in twenty-four hours. The Bursley Conservative Club knew positively the same night that John had 'got out' at a ruinous loss, and this episode seemed to give vigorous life to certain rumours, hitherto faint, ...
— Leonora • Arnold Bennett

... days, and renounced all isolated demonstrations, awaiting a direct instruction and direction from above. And, also, among the leadership of our party there developed a "watchful-waiting" policy. Under these circumstances, the liquidation of the Korniloff adventure, irrespective of the profound regrouping of forces to our advantage, did not bring about any immediate ...
— From October to Brest-Litovsk • Leon Trotzky

... was Wednesday or Thursday—Max awakened completely. A careful and guarded liquidation of his spiritual property made it clear that a fair piece of Max's soul, the part which contained his love for woman and for his friends, was dead, like a paralysis-stricken hand or foot. But what remained was, ...
— The Crushed Flower and Other Stories • Leonid Andreyev

... with which fortunes were accumulated could not but have widespread effects. The European war came at a moment when the United States was passing through a period of comparatively hard times. Stringency was naturally increased by the liquidation of foreign investments in 1914 and the closing of European markets to American commerce. Business was dull. But this condition was rapidly altered through the placing of large contracts by the Entente Governments and the most extensive buying by foreign purchasers. New markets ...
— Woodrow Wilson and the World War - A Chronicle of Our Own Times. • Charles Seymour

... borrowed money to secure title to lands which he would unload upon unsuspecting settlers. State banks had met these demands by liberal issues of notes which were imperfectly covered by their specie reserves. It needed only a sudden demand for liquidation to cause ...
— Union and Democracy • Allen Johnson

... their enemies, always back, never again forward! After that it was only a scant four months before the commanders of the Central Empires knew themselves beaten; and now their very empires are in liquidation! ...
— Winning a Cause - World War Stories • John Gilbert Thompson and Inez Bigwood

... side of the mountain, the civilizations that have reached the summit of wealth and power have found on the other side of the summit a steep downward sloping time of troubles that ended in dissolution and liquidation. ...
— Civilization and Beyond - Learning From History • Scott Nearing

... council-chambers;—and it is not unlikely that while some of the members were engaged in studying the arts of self-defence, and others holding with both hands upon the ears that had been openly threatened, the bill for the liquidation and payment of Mr. Wheelwright's claims, was passed in the alarm and confusion, without observation. It is not impossible, moreover, that as the claimant had resided at Albany, and as the Albanian tactics had not ...
— Ups and Downs in the Life of a Distressed Gentleman • William L. Stone

... mercantile transactions. But the ultimate security of such obligations does not admit of question. They are guaranteed by the resources of a country the fruits of whose industry afford abundant means of ample liquidation, and by the evident interest of every merchant to sustain a credit hitherto high by promptly applying ...
— A Compilation of the Messages and Papers of the Presidents - Section 2 (of 2) of Volume 3: Martin Van Buren • James D. Richardson

... bear that any such should remain undischarged, or that his father's name should not rest in peace as well as his body and soul. He requested, therefore, from the laird, the amount due to him, and despatched almost the whole of it for the liquidation of this debt, so that he was now as unprovided as before for the expenses of the coming winter at Aberdeen. But, about the same time, a fellow-student wrote to him with news of a situation for the summer, worth three times as much as his present one, and to be procured through his ...
— David Elginbrod • George MacDonald

... reached a development too seriously out of harmony with the habits of the organism taken collectively, then the organism holds itself excused from further effort, throws up the whole concern, and takes refuge in the liquidation and reconstruction of death. It is only on the relinquishing of further effort that this death ensues; as long as effort endures, organisms go on from change to change, altering and being altered—that is to ...
— Luck or Cunning? • Samuel Butler

... require some liquidation, and Lorry finally decided that he himself was the only and legal custodian of the prisoner. As for the reward—shucks! He didn't want blood-money. But High Chin would never lay a hand on the hobo if he could ...
— Jim Waring of Sonora-Town - Tang of Life • Knibbs, Henry Herbert

... increase in its operation of paying off the debt, on the supposition that the nation continues to borrow as it has [end of page 214] done for the last twelve years; setting apart one per cent. on every new loan, for its liquidation. ...
— An Inquiry into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations. • William Playfair

... public career, that his hands had known contamination. His honor was ever untarnished by even a breath of suspicion. The Cardinal could accuse him of pecuniary embarrassment, by which a large proportion of his revenues were necessarily diverted to the liquidation of his debts, but he could not suggest that the Prince had ever freed himself from difficulties by plunging his hands into the public treasury, when it might easily ...
— The Rise of the Dutch Republic, 1555-1566 • John Lothrop Motley

... final liquidation of the great collective fortunes. A settlement of accounts, an express or tacit bargain, intervenes between the State and all institutions for instruction, worship and charity. It has taken from the poor, from the young and from believers, 5 milliards of capital and ...
— The Origins of Contemporary France, Volume 5 (of 6) - The Modern Regime, Volume 1 (of 2)(Napoleon I.) • Hippolyte A. Taine

... be lent by the Banking Department, and 2,000,000 L. will be kept in the till. In consequence, that 2,000,000 L. is all which is really held in actual cash as against the liabilities of the depositing banks. If Lombard Street were on a sudden thrown into liquidation, and made to pay as much as it could on the spot, that 2,000,000 L. would be all which the Bank of England could pay to the depositing banks, and consequently all, besides the small cash in the till, which those banks ...
— Lombard Street: A Description of the Money Market • Walter Bagehot

... structural reforms slowed economic growth, but forecasters are predicting accelerated growth over the next several years. The government's structural reform program includes: (a) privatization and, where appropriate, liquidation of state-owned enterprises (SOEs); (b) liberalization of agricultural policies, including creating conditions for the development of a land market; (c) reform of the country's social insurance programs; and ...
— The 2000 CIA World Factbook • United States. Central Intelligence Agency.

... sold his wine well, he had sold his wool, he had felled his timber, and, without telling his wife, he had come to Paris to invest two hundred thousand francs in the purchase of a delightful residence in the Rue de l'Arcade, that was being sold in liquidation of an aristocratic House that was in difficulties. He had been a member of the Council for the Department since 1826, and now, paying ten thousand francs in taxes, he was doubly qualified for a peerage under the ...
— Parisians in the Country - The Illustrious Gaudissart, and The Muse of the Department • Honore de Balzac

... resolved to expel all non-Christian Chinese, but a term was allowed for the liquidation of their affairs and withdrawal. By June 30, 1755, the day fixed for their departure from Manila, 515 Chinamen had been sharp enough to obtain baptism as Christians, in order to evade the edict, besides 1,108 who were permitted to remain because they were studying ...
— The Philippine Islands • John Foreman

... perseverance and by employing a great number of persons in making the calculations, the notaries had succeeded in preparing a tolerably satisfactory schedule in the course of a fortnight, which both the principal parties agreed to accept as final. The day fixed for the meeting and liquidation of the accounts was a Saturday, a fortnight and two days after the murder of Prince Montevarchi. A question arose concerning ...
— Sant' Ilario • F. Marion Crawford

... trick on his former customers," replied Gigonnet. "You see, Mitral," he went on, speaking to the ex-sheriff in a low voice, "we three have just bought up all those debts, the payment of which depends on the decision of the liquidation committee." ...
— Bureaucracy • Honore de Balzac



Words linked to "Liquidation" :   extermination, settlement, slaying, liquidate, termination, destruction, conclusion, ending, execution, murder, devastation, viaticus settlement, viatical settlement



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