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.
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