Definition of "liquidate" in English

verb

Synonym of liquefy (“to make (something) into a liquid”); to liquidize.
To make (a sound) less harsh.
To use up (money or other assets) wastefully; to dissipate, to squander, to waste.
To kill (someone), usually violently, and especially for some ideological or political aim; to assassinate, to murder; also, to abolish or eliminate (something); to do away with, to put an end to.
To convert (assets) into cash; to encash, to realize, to redeem.
To settle (a debt) by paying the outstanding amount; to pay off.
To settle the financial affairs of (a corporation, partnership, or other business) with the aim of ceasing operations, by determining liabilities, using assets to pay debts, and apportioning the remaining assets if any; to wind up.
To make (something) clear and intelligible.
(intransitive, business, commercial law, finance) Of a corporation, partnership, or other business: to settle financial affairs with the aim of ceasing operations; to go into liquidation, to wind up.
- COVID-19 hit the company hard—I foresee it will liquidate within a year.

adjective

(law, archaic or obsolete, rare) Of an amount of money: ascertained, determined, fixed.