liq·ui·date [ líkwi dàyt ](past and past participleliq·ui·dat·ed, present participleliq·ui·dat·ing, 3rd person present singularliq·ui·dates)
verb
Definition:
1. transitive and intransitive verb pay debt: to pay a debt or other financial obligation
2. transitive and intransitive verb shut down business: to shut down a business, paying off its liabilities from its assets, or cease trading as a business in this way
3. transitive verb cash assets: to turn assets into cash
4. transitive verb kill somebody: to kill or dispose of somebody
[Mid-16th century. < late Latin liquidat-, past participle of liquidare "melt" < Latin liquere "be liquid"]
