liquidation
noun/ˌlɪkwəˈdeɪʃən/
Etymology From liquidate + -ion.
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
- Derived terms
- liquidationism, liquidationist, nonliquidation, preliquidation, reliquidation
- Related terms
- liquid, liquidate, liquidator, liquidity, liquidizer, liquor