Elimination vs Liquidation - What's the difference?
elimination | liquidation |
The act of eliminating, expelling or throwing off.
The act of excluding a losing contestant from a match, tournament, or other competition.
(television) The act of voting off or throwing off a contestant in a reality television competition.
(biology) The act of discharging or excreting waste products or foreign substances through the various emunctories.
(mathematics) The act of causing a quantity to disappear from an equation; especially, in the operation of deducing from several equations containing several unknown quantities a less number of equations containing a less number of unknown quantities.
(logic) The act of obtaining by separation, or as the result of eliminating; deduction.
(accounting) The act of recording amounts in a to remove the effects of inter-company transactions.
The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
The selling of the assets of a business as part of the process of dissolving the business.
As nouns the difference between elimination and liquidation
is that elimination is elimination while liquidation is the act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.elimination
English
Noun
FindMyBestCPA.com - Consolidated Statements (Interco eliminations)
References
liquidation
English
Noun
(en noun) (wikipedia liquidation)- The store is having a liquidation sale, everything must go as they go out of business.