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Vocabulary Word

Word: liquidate

Definition: settle accounts; pay off (a debt); clear up; eliminate; kill or abolish

Sentences Containing 'liquidate'

"We’re not looking to liquidate the company or close most of the stores", said Jonathan Lynch, a CCMP managing director, as quoted in "The New York Times" report.
After the defeat of Wrangel, the Red Army immediately repudiated its 1920 treaty of alliance with Nestor Makhno and attacked the anarchist Black Army; the campaign to liquidate Makhno and the Ukrainian anarchists began with an attempted assassination of Makhno by the Cheka agents.
As a dissident he managed through a network of supporting members working within the regime to leak a number of vital documents proving the that regime has involved its military judicial system to liquidate activists and detainees inside security branches.
In 1941 he started a new company, Balogh Film LLC, producing two films during WWII, the last one being "Ópiumkeringő" with actress Katalin Karády, after which the war forced Balogh to liquidate the firm.
In July 2009, two months after announcing plans to liquidate their stores, the president of A-Boy Supply Co.
In the 19th century, Austrian Emperor Franz I decided to liquidate the long neglected city fortifications.
Note that there is a third possibility in the above scenario; the hedge fund could decide to liquidate its position after a certain period of time in an attempt to realise its gains or losses.
Suffice it to observe, that it was a masterpiece of eloquence; and that those passages in which he more particularly traced his own successful career to its source, and warned the younger portion of his auditory from the shoals of ever incurring pecuniary liabilities which they were unable to liquidate, brought a tear into the manliest eye present.
The conference discussed means of supporting the resistance in Palestine and Iraq, challenged U.S. and Israeli plans to expand their aggression against the region to Syria and/or Iran as well as their plans to liquidate Palestinian and Lebanese resistance organisations, dealt with the issue of supporting the struggle of the peoples of the Arab world for democracy against regimes of the region who collude with aggressors, and called for expanding and developing social struggles against globalisation policies in the Arab region.
The incident sparked concern of contagion as Bear Stearns might be forced to liquidate its CDOs, prompting a mark-down of similar assets in other portfolios.
The Ministry of Mines wanted to liquidate the assets through the court liquidator so that loans advanced by government to BGML could be recovered.
The use of this technique was initiated in the middle 1970s in the United States when rising interest rates in 1975-1976 and again from 1979 onward triggered a banking crisis that later resulted in more than $1 trillion in losses when the Federal Deposit Insurance Corporation and the Federal Savings and Loan Insurance Corporation were forced to liquidate hundreds of failed institutions who had typically lent for long maturities at fixed interest rates (such as 30 year fixed rate mortgages) and borrowed for much shorter maturities.
When Lewis's creditors heard that Lewis would not be reimbursed for the expenses, they called Lewis's notes, forcing him to liquidate his assets, including land he was granted for the Lewis and Clark Expedition.

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::: barrister - counselor-at-law or lawyer in the higher court of law; CF. bar
::: agility - nimbleness; ability to move quickly
::: effervescence - inner excitement or exuberance; showing high spirits; emitting bubbles forming inside; bubbling from fermentation or carbonation; ADJ. effervescent; V. effervesce
::: cupidity - greed (for wealth); CF. cupid; CF. Cupid
::: saturate - soak thoroughly; imbue; impregnate; charge; fill to capacity
::: grandeur - impressiveness; stateliness; majesty
::: divest - strip (as of clothes); deprive (as of rights); dispossess; N. divestiture(divestment)