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Vocabulary Entry
liquidation
|noun • verb
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N
noun
The process of converting assets into cash or settling debts.
Example Sentences
"The company declared bankruptcy and entered into liquidation."
"We monitored the liquidation of the estate after the owner's passing."
"Liquidation sales can offer significant discounts on remaining inventory."
V
verb
To convert assets into cash, especially as part of settling debts or terminating a business.
Example Sentences
"The bank decided to liquidate the troubled firm's assets."
"They chose to liquidate their investments during the market downturn."
"The government will liquidate the seized properties to recover unpaid taxes."