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liquidate
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English Dictionary: liquidate by the DICT Development Group
2 results for liquidate
From WordNet (r) 3.0 (2006) [wn]:
liquidate
v
  1. get rid of (someone who may be a threat) by killing; "The mafia liquidated the informer"; "the double agent was neutralized"
    Synonym(s): neutralize, neutralise, liquidate, waste, knock off, do in
  2. eliminate by paying off (debts)
    Synonym(s): liquidate, pay off
  3. convert into cash; "I had to liquidate my holdings to pay off my ex-husband"
  4. settle the affairs of by determining the debts and applying the assets to pay them off; "liquidate a company"
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Liquidate \Liq"ui*date\ (l[icr]k"w[icr]*d[amac]t), v. t. [imp. &
      p. p. {Liquidated} (-d[amac]`t[ecr]d); p. pr. & vb. n.
      {Liquidating}.] [LL. liquidatus, p. p. of liquidare to
      liquidate, fr. L. liquidus liquid, clear. See {Liquid}.]
      1. (Law) To determine by agreement or by litigation the
            precise amount of (indebtedness); or, where there is an
            indebtedness to more than one person, to determine the
            precise amount of (each indebtedness); to make the amount
            of (an indebtedness) clear and certain.
  
                     A debt or demand is liquidated whenever the amount
                     due is agreed on by the parties, or fixed by the
                     operation of law.                              --15 Ga. Rep.
                                                                              321.
  
                     If our epistolary accounts were fairly liquidated, I
                     believe you would be brought in considerable debtor.
                                                                              --Chesterfield.
  
      2. In an extended sense: To ascertain the amount, or the
            several amounts, of, and apply assets toward the discharge
            of (an indebtedness). --Abbott.
  
      3. To discharge; to pay off, as an indebtedness.
  
                     Friburg was ceded to Zurich by Sigismund to
                     liquidate a debt of a thousand florins. --W. Coxe.
  
      4. To make clear and intelligible.
  
                     Time only can liquidate the meaning of all parts of
                     a compound system.                              --A. Hamilton.
  
      5. To make liquid. [Obs.]
  
      {Liquidated damages} (Law), damages the amount of which is
            fixed or ascertained. --Abbott.
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