liquidation
Pronunciation
  • IPA: /ˌlɪkwəˈdeɪʃən/
Noun

liquidation

  1. The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
  2. The selling of the assets of a business as part of the process of dissolving the business.
    The store is having a liquidation sale: everything must go as they go out of business.
  3. A euphemism for murder invented by Nazi Germany to dehumanize the victims of that regime.
Related terms Translations


This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.013
Offline English dictionary