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to liquidate

verb/likɨˈdaɾ/medium

li·qui·dar

Definitions

1To pay off a debt or financial obligation in full.
He managed to liquidate the mortgage before the due date.
The company liquidated all its debts with suppliers.
2To sell off assets, usually at a reduced price, to dispose of them quickly.
The store is liquidating its summer stock with 70% discounts.
They decided to liquidate the business and invest in another sector.

Etymology

Do latim 'liquidare' (tornar líquido, esclarecer).

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