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Liquidation   /lˌɪkwɪdˈeɪʃən/   Listen
noun
Liquidation  n.  The act or process of liquidating; the state of being liquidated.
To go into liquidation (Law), to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness may be authoritatively ascertained, and that the assets may be applied toward their discharge.






Collaborative International Dictionary of English 0.48








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"Liquidation" Quotes from Famous Books



... and in a short time we were again firmly planted before the sign-post of a public-house. But here there was no credit, and our good-natured Lubecker having doled out a fourth zwanziger on account, was scarcely surprised to see it pounced upon and totally appropriated by the host in liquidation of some ancient score. With a shout of rage, or rather a howl, from our Bohemian whip, we again set forward. "Hi, hi, hi!" and helter-skelter we went, through bush and bramble, where indeed there was no trace or shadow of a beaten track. The Bohemian ...
— A Tramp's Wallet - stored by an English goldsmith during his wanderings in Germany and France • William Duthie

... final liquidation of the great collective fortunes. A settlement of accounts, an express or tacit bargain, intervenes between the State and all institutions for instruction, worship and charity. It has taken from the poor, from the young and from believers, 5 milliards of capital ...
— The Origins of Contemporary France, Volume 5 (of 6) - The Modern Regime, Volume 1 (of 2)(Napoleon I.) • Hippolyte A. Taine

... a friend, the Rev. Marcus Flather a draft for two hundred and fifty pounds sterling, drawn upon you at your agent's in Calcutta, which sum will go in liquidation of dear Clive's first year's board with me, or, upon my word of honour as a gentleman and clergyman, shall be paid back at three months after sight, if you will draw upon me. As I never—no, were it my ...
— The Newcomes • William Makepeace Thackeray

... and now he hoped that the worst was over. He wrote to Morris: "Your promise that after this month no more bills shall be drawn on me keeps up my spirits and affords me the greatest satisfaction." By the following summer the accounts between France and the States were in course of liquidation, and Franklin called the attention of Livingston to the fact that the king practically made the States a further present "to the value of near two millions. These, added to the free gifts before made to us at different times, form an object of at least ...
— Benjamin Franklin • John Torrey Morse, Jr.

... after he had handed over the money in liquidation of Bearside's claim that he sat down to write a further letter to his friend and correspondent Josiah Scroome. His letter was not written in the best of tempers; but still, through it all, there was a desire to be just, and an anxiety to abstain from the use of hard ...
— The American Senator • Anthony Trollope


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