/lik"wi dayt'/, v., liquidated, liquidating.v.t.1. to settle or pay (a debt): to liquidate a claim.2. to reduce (accounts) to order; determine the amount of (indebtedness or damages).3. to convert (inventory, securities, or other assets) into cash.4. to get rid of, esp. by killing: to liquidate the enemies of the regime.5. to break up or do away with: to liquidate a partnership.v.i.6. to liquidate debts or accounts; go into liquidation.[1565-75; 1920-25 for def. 4; < LL liquidatus, ptp. of liquidare to melt, make clear. See LIQUID, -ATE1]Syn. 1. discharge, clear, erase, cancel.
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