To convert assets into cash, especially in the context of closing a business. The company decided to liquidate its assets to pay off its debts.
To settle a debt or financial obligation by paying the amount owed. He managed to liquidate his outstanding loans within a year.
To eliminate or get rid of something, often used in a more informal or metaphorical sense. The new manager was brought in to liquidate inefficiencies in the department.
To kill or eliminate someone, often used in a more sinister or criminal context. The spy was ordered to liquidate the target without leaving any trace.
To convert or cause to convert into a liquid state; to liquefy (archaic or technical). Early chemists tried to liquidate various metals using intense heat.