Liquidation: meaning, definitions and examples
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liquidation
[ ˌlɪkwɪˈdeɪʃən ]
business
The process of selling all the assets of a business in order to pay off its debts; the winding up of a company
Synonyms
bankruptcy, closure, dissolution
Examples of usage
- The company went into liquidation after failing to make a profit for several years.
- The liquidation of the business resulted in the loss of many jobs.
finance
The act of converting assets into cash; the process of settling financial obligations
Synonyms
Examples of usage
- The liquidation of the investment portfolio helped to raise funds for the new project.
- The bank initiated the liquidation of the assets to recover the loan amount.
Translations
Translations of the word "liquidation" in other languages:
🇵🇹 liquidação
🇮🇳 लिक्विडेशन
🇩🇪 Liquidation
🇮🇩 likuidasi
🇺🇦 ліквідація
🇵🇱 likwidacja
🇯🇵 清算 (せいさん)
🇫🇷 liquidation
🇪🇸 liquidación
🇹🇷 tasfiye
🇰🇷 청산 (청산)
🇸🇦 تصفية
🇨🇿 likvidace
🇸🇰 likvidácia
🇨🇳 清算 (qīngsuàn)
🇸🇮 likvidacija
🇮🇸 slit
🇰🇿 тарату
🇬🇪 ლიკვიდაცია
🇦🇿 müflisləşmə
🇲🇽 liquidación
Word origin
The word 'liquidation' originated from the Latin word 'liquidare', which means 'to make clear or bright'. In the business context, liquidation refers to the process of selling off assets to clear debts or settle financial obligations. The term has been used in various industries and financial sectors to describe the process of winding up a company or converting assets into cash.
See also: liquefiable, liquefy, liquidate, liquidator, liquidity, liquidized, liquidizer, liquids.