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Liquidation   /lˌɪkwɪdˈeɪʃən/   Listen
Liquidation

noun
1.
Termination of a business operation by using its assets to discharge its liabilities.  Synonym: settlement.
2.
The act of exterminating.  Synonym: extermination.
3.
The murder of a competitor.  Synonym: elimination.






WordNet 3.0 © 2010 Princeton University








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"Liquidation" Quotes from Famous Books



... the late war, and for other purposes therein mentioned, the mode in which the rolls and abstracts for pay and subsistence are to be made out and settled is particularly pointed out, and competent powers and directions for the liquidation of those accounts are thereby given ...
— Memoirs of Aaron Burr, Complete • Matthew L. Davis

... direction, until it has reached a development too seriously out of harmony with the habits of the organism taken collectively, then the organism holds itself excused from further effort, throws up the whole concern, and takes refuge in the liquidation and reconstruction of death. It is only on the relinquishing of further effort that this death ensues; as long as effort endures, organisms go on from change to change, altering and being altered—that ...
— Luck or Cunning? • Samuel Butler

... might well have been satisfied with the Government's generosity, but their success in imposing upon Congress stimulated their greed. The act of 1864 provided that the charge for Government transportation over these roads should be applied to the liquidation of its bonds, and that after the completion of the lines five per cent. of their net earnings should likewise be so applied. When the Secretary of the Treasury, under the law, refused to pay them the amount earned by Government transportation, and in addition to this demanded the five per cent. ...
— The Railroad Question - A historical and practical treatise on railroads, and - remedies for their abuses • William Larrabee

... society I may attain, through the medium of the learned profession of which I am about to become an unworthy member, I shall endeavour not to disgrace, and Mrs. Micawber will be safe to adorn. Under the temporary pressure of pecuniary liabilities, contracted with a view to their immediate liquidation, but remaining unliquidated through a combination of circumstances, I have been under the necessity of assuming a garb from which my natural instincts recoil—I allude to spectacles—and possessing myself of a cognomen, to which ...
— David Copperfield • Charles Dickens

... native citizens—were in degrading bondage in the mines of Mexico, or sweeping its streets; and yet a minister to Mexico was opposed because the President and a party in this country wished to annex Texas to the Union. It was not only the duty of this government to demand the liquidation of our claims and the liberation of our citizens, but to go further, and demand the non-invasion of Texas. We should at once say to Mexico, "If you strike Texas, you strike us." And if England, standing by, should ...
— Memoir of the Life of John Quincy Adams. • Josiah Quincy


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