Definition of "liquidation" in English

noun

1. The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.

2. 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.

3. (euphemistic) The murder of dehumanized victims.

   • Near-synonyms: devitalization, fatality; see also Thesaurus:death, Thesaurus:killing