- the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc.
- the process of converting securities or commodities into cash.
- the state of being liquidated: an estate in liquidation.
- the process of terminating the affairs of a business firm, etc, by realizing its assets to discharge its liabilities
- the state of a business firm, etc, having its affairs so terminated (esp in the phrase to go into liquidation)
- destruction; elimination
