liquidate
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/ˈlɪkwɪdeɪt/
🇬🇧
/ˈlɪkwɪdeɪt/
To shut down a company and sell its assets to pay off its debts.
The owner had to liquidate the business to pay off all its loans.
To sell things to get money.
We had to liquidate some of our assets to cover our expenses.
To pay off a debt.
They decided to sell some properties to liquidate their outstanding debts.
To get rid of someone or something that is causing problems, sometimes by killing.
The agency was tasked with liquidating threats to national security.