See Also: liquidation(dictionary)
Liquidation Value(money)
Liquidation(finance)
Liquidation(money)
Liquidation value(finance)
LIQUIDATION(law)
liquidation(dictionary)
Voluntary liquidation(finance)
Liquidation rights(finance)
Liquidation by assignment(finance)

liquidation (iou)



liquidation noun. M16.
[French, from liquider liquidate, or directly from LIQUIDATE verb: see -ATION. Cf. medieval Latin liquidatio(n-) making clear, explaining.]
Law. The action or process of ascertaining and apportioning the amounts of a debt etc. M16-M18.
The clearing off or settling of a debt. L18.
The action or process of winding up the affairs of a company etc.; the state or condition of being wound up; esp. in go into liquidation. Also, the selling of certain assets in order to achieve greater liquidity. M19.
The action or fact of partaking of an alcoholic drink. rare. L19.
The action or process of abolishing or eliminating something or someone; the doing away with or killing of unwanted people. E20.
Chess. A rapid exchange of pieces leading to simplification of the position. M20.