Definition of Liquidate
to pay off debts using assets
Examples of Liquidate in a sentence
The judge ordered the business owner to liquidate in order to pay his liabilities. π
If the company decides to liquidate to settle its debts, its stock value will fall because of the ensuing decrease in assets. π
The studio must liquidate many of its assets to discharge obligations associated with its recent box office bomb. π
Because the creditors want payment on monthsβ old debts, they are pressuring the car manufacturer to liquidate. π
After the lottery winner wasted his entire fortune, he had to liquidate some of his belongings to settle his bills. π
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