liquidation Meaning, Definition & Usage

  1. noun termination of a business operation by using its assets to discharge its liabilities
    settlement.
  2. noun the act of exterminating
    extermination.
  3. noun the murder of a competitor
    elimination.

WordNet

Liq`ui*da"tion noun
Etymology
Cf. F. liquidation.
Definitions
  1. The act or process of liquidating; the state of being liquidated.

Webster 1913