C1verbformalbusinessmoney
US/ˈlɪk.wɪ.deɪt/
UK/ˈlɪk.wɪ.deɪt/
to close a company and sell what it owns to pay its debts, or to sell assets for cash
In context
The company was forced to liquidate after losing its biggest customer.
She liquidated her shares to pay for the new house.
Investors began to liquidate their holdings as the market fell.
Words that go with liquidate
verb + noun
- liquidate assetsThe bank had to liquidate assets to cover its losses.
- liquidate a companyThe court ordered them to liquidate the company.
- liquidate a positionTraders liquidated their positions before the weekend.
- liquidate stockThe store plans to liquidate its remaining stock.
- liquidate their holdingsMany investors liquidated their holdings when prices started to fall.
Common mistakes
Incorrect:
We are liquidating our old sofa, only 500,000 dong.Correct: We are selling our old sofa cheaply, only 500,000 dong.