'Liquidation' definitions:

Definition of 'liquidation'

From: WordNet
noun
Termination of a business operation by using its assets to discharge its liabilities [syn: liquidation, settlement]
noun
The act of exterminating [syn: extermination, liquidation]
noun
The murder of a competitor [syn: elimination, liquidation]

Definition of 'Liquidation'

From: GCIDE
  • Liquidation \Liq`ui*da"tion\ (l[i^]k`w[i^]*d[=a]"sh[u^]n), n. [Cf. F. liquidation.] The act or process of liquidating; the state of being liquidated. [1913 Webster]
  • To go into liquidation (Law), to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness may be authoritatively ascertained, and that the assets may be applied toward their discharge. [1913 Webster]

Synonyms of 'liquidation'

From: Moby Thesaurus