What does liquidation mean?

Looking for the meaning or definition of the word liquidation? Here's what it means.

Noun The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash. The selling of the assets of a business as part of the process of dissolving the business. murder Find more words! 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The liquidators consulted the liquidation committee and obtained its approval. Of course, if the company went into liquidation, that would be a different question. Both banks went into liquidation shortly after the cheques were written, making the cheques extremely rare. The company went into liquidation and we are currently making the statutory enquiries. About 300 employees were retrenched when the companies were placed in provisional liquidation. See Also What is another word for liquidation? What is the opposite of liquidation? Sentences with the word liquidation Words that rhyme with liquidation What is the plural of liquidation? What is the adjective for liquidation? What is the noun for liquidation? Translations for liquidation Nearby Definitions liquidating liquidates liquidated damages liquidated liquidate liquidatable liquidationism liquidationist liquidationists liquidations liquidator liquidators 11-letter Words Starting With l li liq liqu liqui liquid liquida liquidat liquidati liquidatio