Liquidated
Pronunciation: /ˈlɪkwɪˌdeɪtɪd/
Liquidated (verb)
- To sell all assets of a business to pay debts.
- To close a business and sell everything it owns.
- To pay off a debt completely.
Examples
- The company liquidated its assets to pay off creditors.
- They liquidated their holdings to invest in new ventures.
Common collocations: liquidate assets, quickly liquidate, liquidate a company, officially liquidated, liquidate a debt