Liquidation Meaning in English
word
Definition
The process of bringing a business to an end and selling its assets to pay off debts, or turning assets into cash. Sometimes used more generally for the act of eliminating something.
Usage & Nuances
Mainly used in business, law, and finance for shutting down companies and selling assets. Common collocations: 'forced liquidation', 'order of liquidation', 'go into liquidation'. Can also refer metaphorically to eliminating something (rare). Formal term; not for informal conversation.
Example Sentences
The company announced its liquidation last week.
basic
After liquidation, all assets were sold to pay creditors.
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They are facing liquidation because of financial problems.
basic
The store is having a liquidation sale before closing for good.
natural
Bankruptcy often leads to liquidation of a company’s assets.
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When the restaurant went into liquidation, all the staff lost their jobs.
natural