liquidate

[lik-wi-deyt] /ˈlɪk wɪˌdeɪt/
verb (used with object), liquidated, liquidating.
1.
to settle or pay (a debt):
to liquidate a claim.
2.
to reduce (accounts) to order; determine the amount of (indebtedness or damages).
3.
to convert (inventory, securities, or other assets) into cash.
4.
to get rid of, especially by killing:
to liquidate the enemies of the regime.
5.
to break up or do away with:
to liquidate a partnership.
verb (used without object), liquidated, liquidating.
6.
to liquidate debts or accounts; go into liquidation.
Origin
1565-75; 1920-25 for def 4; < Late Latin liquidātus, past participle of liquidāre to melt, make clear. See liquid, -ate1
Related forms
nonliquidating, adjective
preliquidate, verb (used with object), preliquidated, preliquidating.
reliquidate, verb, reliquidated, reliquidating.
unliquidated, adjective
unliquidating, adjective
Synonyms
1. discharge, clear, erase, cancel.
British Dictionary definitions for liquidate

liquidate

/ˈlɪkwɪˌdeɪt/
verb
1.
  1. to settle or pay off (a debt, claim, etc)
  2. to determine by litigation or agreement the amount of (damages, indebtedness, etc)
2.
  1. to terminate the operations of (a commercial firm, bankrupt estate, etc) by assessment of liabilities and appropriation of assets for their settlement
  2. (of a commercial firm, etc) to terminate operations in this manner
3.
(transitive) to convert (assets) into cash
4.
(transitive) to eliminate or kill
Word Origin and History for liquidate
v.

1570s, "to reduce to order, to set out clearly" (of accounts), from Late Latin or Medieval Latin liquidatus, past participle of liquidare "to melt, make liquid or clear, clarify," from Latin liquidus (see liquid). Sense of "clear away" (a debt) first recorded 1755. The meaning "wipe out, kill" is from 1924, possibly from Russian likvidirovat. Related: Liquidated; liquidating.

Slang definitions & phrases for liquidate

liquidate

verb

To kill

[1924+; based on Russian likvidirovat, ''liquidate, wind up'']