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to settle or pay (a debt): to liquidate a claim. Synonyms: cancel, erase, clear, discharge. to reduce (accounts) to order; determine the amount of (indebtedness or damages). to convert (inventory, securities, or other assets) into cash.
The purpose of liquidation is to ensure that all the companys affairs have been dealt with and all its assets realised. When this has been done, the liquidator will apply to have the company removed from the register at the Companies House and dissolved, which means it ceases to exist.
: to do away with especially by killing. was hired to liquidate a certain businessman. 4. : to convert (assets) into cash.
Liquidation means the final computation or ascertainment of duties on entries for consumption or drawback entries. [T.D. 01-24, 66 FR 16400, Mar. 26, 2001, as amended by CBP Dec.
In the context of trading, liquidation specifically refers to the closing of positions, either voluntarily by the trader or forcibly by the broker, usually when a margin call occurs. This process is essential for settling debts, meeting margin requirements, or preventing further losses in trading accounts.
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Liquidate means converting property or assets into cash or cash equivalents by selling them on the open market A forced liquidation may be used in bankruptcy procedures, in which an entity chooses or is forced by a legal judgment or contract to turn assets into a liquid form (cash).
To liquidate means to convert assets into cash. For example, a person may sell their home, car, or other asset and receive cash for doing so. This is known as liquidation.
The contractor is under a liability to pay liquidated damages if he fails to complete the works within the contract period. Anybody who tries to criticise him is liquidated.

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