From The Collaborative International Dictionary of English v.0.48 [gcide]:
Liquidate \Liq"ui*date\ (l[i^]k"w[i^]*d[=a]t), v. t. [imp. & p.
p. {Liquidated} (-d[=a]`t[e^]d); p. pr. & vb. n.
{Liquidating}.] [LL. liquidatus, p. p. of liquidare to
liquidate, fr. L. liquidus liquid, clear. See {Liquid}.]
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.
[1913 Webster]
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.
[1913 Webster]
If our epistolary accounts were fairly liquidated, I
believe you would be brought in considerable debtor.
--Chesterfield.
[1913 Webster]
2. In an extended sense: To ascertain the amount, or the
several amounts, of, and apply assets toward the discharge
of (an indebtedness). --Abbott.
[1913 Webster]
3. To discharge; to pay off or settle, as an indebtedness.
[1913 Webster]
Friburg was ceded to Zurich by Sigismund to
liquidate a debt of a thousand florins. --W. Coxe.
[1913 Webster]
4. To make clear and intelligible.
[1913 Webster]
Time only can liquidate the meaning of all parts of
a compound system. --A. Hamilton.
[1913 Webster]
5. To make liquid. [Obs.]
[1913 Webster]
6. To convert (assets) into cash.
[PJC]
7. To kill; -- used mostly of governments or organizations
killing their enemies; as, Stalin liquidated many of the
Kulaks.
[PJC]
8. To dissolve (an organization); to terminate (an activity).
[PJC]
{Liquidated damages} (Law), damages the amount of which is
fixed or ascertained. --Abbott.
[1913 Webster]
From WordNet (r) 3.0 (2006) [wn]:
liquidate
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}, {liquidate},
{waste}, {knock off}, {do in}]
2: eliminate by paying off (debts) [syn: {liquidate}, {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"
|
