Liquidation

Pronunciation

• IPA: /ËŒlɪkwəˈdeɪʃən/
• Rhymes: -eɪʃən

Full definition of liquidation

Noun

1. The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
2. The selling of the assets of a business as part of the process of dissolving the business.The store is having a liquidation sale, everything must go as they go out of business.

Related terms

• liquid
• liquidate
• liquidator
• liquidity
• liquidizer
• liquor