liquidation

UK /ˌlɪkwəˈdeɪʃən/ US /ˌlɪkwəˈdeɪʃən/
noun 3

Definitions

noun

1

The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.

2

The selling of the assets of a business as part of the process of dissolving the business.

The store is having a liquidation sale: everything must go as they go out of business.

3

The murder of dehumanized victims.

Near-synonyms: devitalization, fatality; see also Thesaurus:death, Thesaurus:killing

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