liquidation — the process of closing down a business and selling its assets to pay debts
Part of speech: NOUN
Definition: the process of closing down a business and selling its assets to pay debts
Pronunciation (IPA): /ˌlɪkwɪˈdeɪʃən/
Example Sentences
- The toy store's liquidation sale had 90% off everything - even the store manager looked like a toy nobody wanted to buy.
- The board decided on voluntary liquidation rather than bankruptcy.
- During the liquidation, investors recovered only 30% of their investment.
liquidation
NOUN[/ˌlɪkwɪˈdeɪʃən/]
the process of closing down a business and selling its assets to pay debts
After bankruptcy, the store held a massive liquidation sale to clear all inventory.
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🎤Pronunciation
🌳Etymology
Origin
Derived from Latin liquidus, meaning 'liquid' or 'flowing'. Originally denoting the process of making something liquid, the term evolved in financial contexts to describe the conversion of assets into cash, which is metaphorically understood as 'liquid' assets.
Breakdown
liquid- (from Latin liquidus, meaning 'liquid' or 'fluid') + -ation (suffix denoting a process or action), literally 'the process of making liquid'.
🎵Rhyme
🔗Collocations
📝Examples
“The toy store's liquidation sale had 90% off everything - even the store manager looked like a toy nobody wanted to buy.”
“The board decided on voluntary liquidation rather than bankruptcy.”
“During the liquidation, investors recovered only 30% of their investment.”
“The restaurant's liquidation was so fast, the soup was still hot when they sold the stove.”
📚Related Words
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