单词 | liquidate |
释义 | liquidate liquidate // verb
1 (Law ) [+ obj or no obj] to sell a company's assets and pay its debts in order to close it: The bankruptcy court has ordered the company to liquidate. If the deal falls through, the tour operator is likely to be liquidated. SYN WIND UP See note at BANKRUPT
2 (Accounting ; Finance ) [+ obj] to sell sth in order to get money or to avoid losing money: The group announced plans to liquidate its assets. There is a risk that investors will liquidate their portfolios. SYN REALIZE
3 (Accounting ) [+ obj] to pay a debt: This land was sold for the purpose of liquidating debts. |
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