Meaning of the word liquidation in English

What does liquidation mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

liquidation

US /ˌlɪk.wəˈdeɪ.ʃən/
UK /ˌlɪk.wəˈdeɪ.ʃən/

Noun

1.

the process of liquidating a business.

Example:
the company went into liquidation
2.

the killing of someone, typically by violent means.

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