CEFR C1

liquidation

noun

Meaning

The process of closing down a business or organization by selling its assets to pay its debts.

Examples

The firm's liquidation was finalized last week.
They are facing liquidation due to massive financial losses.

Synonyms: dissolution, bankruptcy, closure, winding up

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liquidation (C1)

noun

Pronunciation: /ˌlɪkwɪˈdeɪʃən/

Definition

The process of closing down a business or organization by selling its assets to pay its debts.

Examples

The firm's liquidation was finalized last week.
They are facing liquidation due to massive financial losses.
The court ordered the liquidation of the company.

How to Use liquidation

liquidation of (prepositional phrase): Used to specify what is being liquidated. — "The liquidation of assets is a complex process."
go into liquidation (prepositional phrase): To begin the process of closing down a business due to insolvency. — "The airline went into liquidation after failing to secure new funding."

Synonyms of liquidation

Words with a similar meaning to liquidation:

Antonyms of liquidation

Words with the opposite meaning to liquidation:

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