English Lexicon

Liquidation

/ˌlɪk.wɪˈdeɪ.ʃən/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The process of converting assets into cash or settling liabilities, often associated with the winding up of a business.

    "The company announced its liquidation after failing to recover from financial losses."
  2. 2

    The act of eliminating or getting rid of something.

    "The liquidation of outdated inventory helped the store make room for new products."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'liquidation' originates from the Latin word 'liquidatio', which means 'a making liquid'. It evolved through Middle French 'liquidation', reflecting the process of converting assets into cash, particularly in legal contexts such as bankruptcy, from the 15th century onward.

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