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3 definitions found

From: DICT.TW English-Chinese Dictionary 英漢字典

 liq·ui·date /ˈlɪkwəˌdet/

From: Webster's Revised Unabridged Dictionary (1913)

 Liq·ui·date v. t. [imp. & p. p. Liquidated p. pr. & vb. n. Liquidating.]
 1. Law To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness) clear and certain.
    A debt or demand is liquidated whenever the amount due is agreed on by the parties, or fixed by the operation of law.   --15 Ga. Rep. 321.
    If our epistolary accounts were fairly liquidated, I believe you would be brought in considerable debtor.   --Chesterfield.
 2. In an extended sense: To ascertain the amount, or the several amounts, of, and apply assets toward the discharge of (an indebtedness).
 3. To discharge; to pay off or settle, as an indebtedness.
    Friburg was ceded to Zurich by Sigismund to liquidate a debt of a thousand florins.   --W. Coxe.
 4. To make clear and intelligible.
    Time only can liquidate the meaning of all parts of a compound system.   --A. Hamilton.
 5. To make liquid. [Obs.]
 Liquidated damages Law, damages the amount of which is fixed or ascertained.

From: WordNet (r) 2.0

      v 1: get rid of (someone who may be a threat) by killing; "The
           mafia liquidated the informer"; "the double agent was
           neutralized" [syn: neutralize, neutralise, waste,
           knock off, do in]
      2: eliminate by paying off (debts) [syn: pay off]
      3: convert into cash; "I had to liquidate my holdings to pay
         off my ex-husband"
      4: settle the affairs of by determining the debts and applying
         the assets to pay them off; "liquidate a company"