liquidation : Dictionary / Wörterbuch (BEOLINGUS, TU Chemnitz)

English Dictionary: liquidation	by the DICT Development Group
2 results for liquidation
From WordNet (r) 3.0 (2006) [wn]:
liquidation n termination of a business operation by using its assets to discharge its liabilities Synonym(s): liquidation, settlement the act of exterminating Synonym(s): extermination, liquidation the murder of a competitor Synonym(s): elimination, liquidation
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
Liquidation \Liq`uida"tion\ (l[icr]k`w[icr]d[amac]"sh[ucr]n), n. [Cf. F. liquidation.] The act or process of liquidating; the state of being liquidated. {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.