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CEFR C1 — Advanced

Liquidate

Definition

(formal) To sell all the assets of a business and use the money to pay its debts, often because the business is failing or has failed; to eliminate or get rid of something completely.

Example Sentences

1The company was forced to liquidate its assets after filing for bankruptcy.
2Can the government liquidate the state-owned enterprises to reduce the national debt?
3The new management decided to liquidate the unprofitable divisions and focus on core business.
4In an effort to liquidate their inventory, the store offered deep discounts on all remaining items.
5The politician's scandalous behavior led to a public outcry, and her reputation was effectively liquidated overnight.

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