Associations to the word «Liquidation»

Wiktionary

LIQUIDATION, noun. The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
LIQUIDATION, noun. The selling of the assets of a business as part of the process of dissolving the business.

Dictionary definition

LIQUIDATION, noun. Termination of a business operation by using its assets to discharge its liabilities.
LIQUIDATION, noun. The act of exterminating.
LIQUIDATION, noun. The murder of a competitor.

Wise words

Words are always getting conventionalized to some secondary meaning. It is one of the works of poetry to take the truants in custody and bring them back to their right senses.
William Butler Yeats