Definition of "liquidation"
  1. A process where a debtor's assets are sold to pay off outstanding debts to creditors
How to use "liquidation" in a sentence
  1. The business underwent liquidation to settle its debt obligations.
  2. Following a string of financial disasters, the company's path inevitably led to liquidation.
  3. After the bankruptcy filing, the next step was a forced liquidation of his assets.

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