liquidating
verb (present participle)UK /ˈlɪk.wɪ.deɪ.tɪŋ/
US /ˈlɪk.wə.deɪ.tɪŋ/
Closing down a business and selling everything it owns to pay what it owes.
The old toy shop is liquidating its stock before it closes for good.
RELATED WORDS
OTHER MEANINGS
2. Turning something into cash by selling it.
She is liquidating her old furniture to pay for the move.
3. Getting rid of or destroying something completely.
The team is liquidating the leftover supplies before the project ends.
4. Paying off a debt or settling an obligation.
The company is liquidating its loans ahead of schedule.