liquidation
Definition from Wiktionary, the free dictionary
Contents |
English [edit]
Pronunciation [edit]
Noun [edit]
liquidation (plural liquidations)
- The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
- 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.
Related terms [edit]
Translations [edit]
process of converting into cash
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French [edit]
Pronunciation [edit]
- IPA: /li.ki.da.sjɔ̃/
Noun [edit]
liquidation f (plural liquidations)
- sale, liquidation (sale of goods at reduced prices)
- liquidation
