Origin: Latin suffix -tion
Liquidation has 4 different meanings across 1 category:
termination of a business operation by using its assets to discharge its liabilities
"The company's sudden liquidation meant that all remaining inventory was sold off just enough to pay back the bank loans before the doors closed forever."
the act of exterminating
"The ruthless campaign resulted in the complete liquidation of the entire indigenous population within a decade."
the murder of a competitor
"The rival firm announced its liquidation after their CEO was found dead in his office, leaving everyone to wonder if it was a business failure or an assassination."
The act of exchange of an asset of lesser liquidity with a more liquid one, such as cash.
"To settle his overdue debt quickly, he performed a liquidation by selling his rare stamp collection for immediate cash."