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

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky