Noun
The act or process of liquidating; the state of being liquidated.
Source: Webster's dictionaryAccording to our insolvency, bankruptcy, and liquidation laws, the secured creditors — those who loaned money to LIAT using the company’s assets, mainly the aircraft as collateral — have to be paid first when the assets are sold (“liquidated”). Source: Internet
A bankrupt firm goes into administration in BrE; in AmE it goes bankrupt, or files for Chapter 7 (liquidation) or Chapter 11 (reorganization). Source: Internet
An application for an order of liquidation has been filed in a Travis County, Texas, district court for a Houston-based nonstandard auto insurer now in receivership. Source: Internet
After the death of Lady Zaharoff he began a liquidation of his business assets, and undertook writing his memoirs. Source: Internet
Andrzej Chwalba - Historia Polski 1795-1918 page 461-463 Christian Raitz von Frentz notes that measures aimed at reversing past Germanization included the liquidation of farms settled by the German government during the war under the 1908 law. Source: Internet
At least 1,000 men were selected in 1941–2 by a task force of three Dresden Gestapo officers and sent to the camp for immediate liquidation by a gunshot to the back of the neck, the infamous Genickschuss. Source: Internet