liquidation

1. (countable, uncountable)The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.

2. (countable, uncountable)The action or process of winding up the affairs of a company, etc.; 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.

   Abwicklung, Liquidation

   ликвида́цияlikvidácija

   ліквіда́ціяlikvidácija

3. (countable, uncountable)The clearing off or settling of a debt.

4. (countable, euphemistic, uncountable)The action or process of abolishing or eliminating; the murder of dehumanized victims.

   Near-synonyms: devitalization, fatality; see also Thesaurus:death, Thesaurus:killing

   When Stalinists spoke of the liquidation of the kulaks as a class, they intentionally created ambiguity regarding reeducation versus murder.

   ліквіда́ціяlikvidácija

5. (countable, uncountable)The partial clearing of the board, by an exchange of pieces, to obtain an obviously winning position.

6. (countable, rare, uncountable)The action or fact of partaking of an alcoholic drink.

1. They're holding a liquidation sale.

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