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3 definitions found

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


From: Webster's Revised Unabridged Dictionary (1913)

 Liq·ui·da·tion n.  The act or process of liquidating; the state of being liquidated.
 To go into liquidation Law, to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness may be authoritatively ascertained, and that the assets may be applied toward their discharge.

From: WordNet (r) 2.0

      n 1: termination of a business operation by using its assets to
           discharge its liabilities [syn: settlement]
      2: the act of exterminating [syn: extermination]
      3: the murder of a competitor [syn: elimination]