liquidate

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liq|ui|date /l'ɪkwzɪdeɪt/ (liquidates liquidating liquidated)
1 [VERB] V n
To liquidate a company is to close it down and sell all its assets, usually because it is in debt. (BUSINESS)
A unanimous vote was taken to liquidate the company.
● liquidation [N-VAR]
The company went into liquidation...
The number of company liquidations rose 11 per cent.
2 [VERB] V n
If a company liquidates its assets, its property such as buildings or machinery is sold in order to get money. (BUSINESS)
The company closed down operations and began liquidating its assets in January.
3 [VERB] V n
If someone in a position of power liquidates people who are causing problems, they get rid of them, usually by killing them.
They have not hesitated in the past to liquidate their rivals.
= eliminate

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