liquidation
/ˌlɪkwəˈdeɪʃən/ noun
Forms liquidations
- noun The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
- noun The action or process of winding up the affairs of a company, etc.; the selling of the assets of a business as part of the process of dissolving the business. “The store is having a liquidation sale: everything must go as they go out of business.”
- noun The clearing off or settling of a debt.
- noun (euphemistic) The action or process of abolishing or eliminating; the murder of dehumanized victims. “When Stalinists spoke of the liquidation of the kulaks as a class, they intentionally created ambiguity regarding reeducation versus murder.”
- noun (chess) The partial clearing of the board, by an exchange of pieces, to obtain an obviously winning position.
- noun (rare) The action or fact of partaking of an alcoholic drink.
Synonyms
devitalization fatality death end tomb celestial transfer decease decomposition defunction dematerialization demise dirt nap doom exit expiration mortality passing quietus repose sleep of the just settlement extermination elimination
Etymology
* From liquidate + -ion (suffix forming nouns denoting an action or process). Liquidate is a learned borrowing from Late Latin liquidātus, the perfect passive participle of liquidō (“to turn into a liquid, melt; to make clear”), from Classical Latin liquidus (“fluid, liquid; clear, transparent”) + -ō (suffix forming regular first-conjugation verbs).
* Alternatively, a borrowing from Middle French liquidation, from liquider (“to liquidate”) + -ation (suffix forming nouns denoting an action or process). Liquider is probably a borrowing from Italian liquidare, itself also from the aforementioned Late Latin liquidō by borrowing.
Webster’s 1913
- noun The act or process of liquidating; the state of being liquidated. To go into liquidation (Law), to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness be authoritatively ascertained, and that the assets may be applied toward their discharge.
Etymology [Cf. F. liquidation.]
Sources: Wiktionary · WordNet 3.0 · Webster’s 1913 — from the Wiktionary entry “liquidation”, CC BY-SA 4.0. Details