Liquidate vs Settlement - What's the difference?
liquidate | settlement |
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.
The state of being settled.
A colony that is newly established; a place or region newly settled.
A community of people living together, such as a hamlet, village, town, or city.
(architecture) The gradual sinking of a building. Fractures or dislocations caused by settlement.
(finance) The delivery of goods by the seller and payment for them by the buyer, under a previously agreed trade or transaction or contract entered into.
(legal) A disposition of property, or the act of granting it.
(legal) A settled place of abode; residence; a right growing out of legal residence.
(legal) A resolution of a dispute.
As a verb liquidate
is to settle (a debt) by paying the outstanding amount.As a noun settlement is
the state of being settled.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.
