liquidation
nounThe act of liquidating; the act of adjusting debts, or ascertaining their amount or the balance of them due.
nounThe act or process of liquidating; the state of being liquidated.
nounto 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.
nounThe
The selling of the assets of a business as part of the process of dissolving the business.
nounthe act of exterminating
nountermination of a business operation by using its assets to discharge its liabilities
nounthe murder of a competitor