liquidation

Definition

The process of converting property or investments into cash. See liquidate.

Use liquidation in a sentence

You may need to try for liquidation at times and get rid of some assets that you wanted to keep ahold of.

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Since they were unable to increase their sales by an acceptable margin, the large furniture store was having one final liquidation sale.

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When my company was facing a financial crisis, my boss ordered me to sell off bonds we had bought and to prepare other assets for liquidation.

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voluntary liquidation prepackaged bankruptcy