liquidation

noun

The act of liquidating; the act of adjusting debts, or ascertaining their amount or the balance of them due.

noun

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

noun

to turn over to a trustee one’s assets and accounts, in order that the several amounts of one’s indebtedness may be authoritatively ascertained, and that the assets may be applied toward their discharge.

noun

The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.

noun

The selling of the assets of a business as part of the process of dissolving the business.

noun

the act of exterminating

noun

termination of a business operation by using its assets to discharge its liabilities

noun

the murder of a competitor