Liquidate - What does it mean?
liquidate | |
To settle (a debt) by paying the outstanding amount.
* W. Coxe
To settle the affairs of (a company), by using its assets to pay its debts.
To convert (assets) into cash.
To do away with.
To kill.
(legal) To determine by agreement or by litigation the precise amount of (indebtedness); to make the amount of (a debt) clear and certain.
* 15 Ga. Rep. 821
* Chesterfield
(obsolete) To make clear and intelligible.
* A. Hamilton
(obsolete) To make liquid.
liquidate
English
Verb
(en-verb)- Friburg was ceded to Zurich by Sigismund to liquidate a debt of a thousand florins.
- A debt or demand is liquidated whenever the amount due is agreed on by the parties, or fixed by the operation of law.
- If our epistolary accounts were fairly liquidated , I believe you would be brought in considerably debtor.
- Time only can liquidate the meaning of all parts of a compound system.