- Refers to a situation where something is resolved or finalized by converting it into cash or disposing of its assets
- Identifies a state where something can be easily computed or decided as an exact value particularly when it is not open to contention or dependent on discretionary judgment
- The company's assets were liquidated to pay off its debts.
- The business was liquidated after it went bankrupt.
- With the agreement liquidated, the dispute over the property was ended.