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Liquidation
/ˌlɪkwəˈdeɪʃən/
The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
📖 Definitions of "Liquidation"
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
Murder of dehumanized victims by a regime (and possibly its allies).
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