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Definitions

Century Dictionary and Cyclopedia

  1. n. The act of liquidating; the act of adjusting debts, or ascertaining their amount or the balance of them due. In a more general sense, the act or operation of winding up the affairs of a firm or company by getting in the assets, settling with its debtors and creditors, and apportioning the amount of each partner's or shareholder's profit or loss, etc.

Wiktionary

  1. n. The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
  2. n. The selling of the assets of a business as part of the process of dissolving the business.

GNU Webster's 1913

  1. n. The act or process of liquidating; the state of being liquidated.

WordNet 3.0

  1. n. the act of exterminating
  2. n. termination of a business operation by using its assets to discharge its liabilities
  3. n. the murder of a competitor

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‘liquidation’ has been looked up 2500 times, added to 13 lists, and has a Scrabble score of 21.