UnivSource.com - Your Most Comprehensive Source for Information on Universities
  Web UnivSource.com

You're Here : UnivSource Home > Vocabulary Builder (Beta Version)

The current version of the vocabulary builder covers over 2720 words & is useful for students preparing for academic English examinations such as SAT, GRE, GMAT, etc. Now you can also listen to the pronunciation of words. - Refer a Friend.

SocialTwist Tell-a-Friend

liquidate (verb) close a business to pay debts; kill someone causing problems.

A company is liquidated if it is closed down and every thing it owns is sold to clear the debts it owes. Liquidation follows bankruptcy. When the company gets heavy losses, it has to be closed down, and if it has debts, they are cleared by selling away what the company owns. To liquidate a person is to kill a person found to be causing problems.

  • Even after liquidation, the creditors could get back only a part of the money they had lent to the company. The proceeds form the sales of the property of the company were not enough to pay the creditors their due in full.
  • During the Stalin era in the former USSR, a number of leaders who happened to differ with him were all liquidated. They were all executed.
Useful Links
Download Our iPhone App
Download Our Android App
Earn Your Degree Online
Earn Your Art & Design Degree Online
Earn Your Business Degree Online
Earn Your Culinary Degree Online
Earn Your Education Degree Online
Earn Your Health Care Degree Online
Earn Your Law & Justice Degree Online
Earn Your Psychology Degree Online
Earn Your Technicians Degree Online
Earn Your Technology Degree Online
US Universities by Name
US Universities by Program
US Universities by State
Canadian Universities by Name
Canadian Universities by Region

Last Modified : 11-May 2009
Best viewed with 1024 x 768 resolution & Microsoft Internet Explorer