liquidation

/ˌlɪkwəˈdeɪʃən/

noun

  1. 1

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

  2. 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. 3

    Murder of dehumanized victims by a regime (and possibly its allies).

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