liquidate

Definitions (3)

1. To convert to cash.
2. To sell all of a company's assets, pay outstanding debts, and distribute the remainder to shareholders, and then go out of business.
3. A broker's sale of his/her customer's securities after the customer failed to meet a margin call.

Use liquidate in a sentence

I was ready to liquidate, so we could see some hard cash instead of whatever it was we had before.

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You may want to have an asset ready to liquidate if you think there is a chance to make a big deal soon.

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We had suggested the best option was to liquidate our investment as we wanted to invest the funds in more lucrative projects.

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senior voluntary liquidation