liquidation

Etymology

liquidate + -ion

noun

  1. The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
  2. The selling of the assets of a business as part of the process of dissolving the business.
    The store is having a liquidation sale: everything must go as they go out of business.
  3. (euphemistic) Murder of dehumanized victims.

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