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liquidate
/ˈlɪkwəˌdeɪt/
US
UK
verb
-dates; -dated; -dating
business
to sell (a business, property, etc.) especially to pay off debt [+ obj]
The
owners
were
ordered
to
liquidate
the
company
and
pay
their
creditors
.
The
company
is
liquidating
its
assets
.
They
liquidated
the
estate
. [=
they
sold
the
property
of
the
estate
] [
no
obj
]
The
owners
were
ordered
to
liquidate.
[+ obj] :to pay all the money owed for (a debt)
liquidate
a
debt
/
loan
[+ obj] informal :to destroy (something) or kill (someone)
The
film
is
about
a
professional
killer
who's
hired
to
liquidate
a
powerful
businessman
.
US