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Liquidate (Verb)

Settle the affairs of by determining the debts and applying the assets to pay them off; "liquidate a company".

Verbs of buying, selling, owning.

The bank moved to liquidate the struggling company's assets to pay off its outstanding debts.
After the founder's death, the family decided to liquidate the business and divide the remaining assets.
The court ordered the trustee to liquidate the estate of the debtor to satisfy the creditors.
The company's board of directors voted to liquidate the unprofitable subsidiary to focus on more successful ventures.
The receivers were brought in to liquidate the company's assets and pay off its debts as quickly as possible.

Get rid of (someone who may be a threat) by killing; "The mafia liquidated the informer"; "the double agent was neutralized".

Verbs of touching, hitting, tying, digging.

The government agency liquidated the notorious whistleblower who was about to reveal classified information.
During the civil war, the rebel group liquidated anyone suspected of being a spy or loyalty to the opposing side.
By using his ruthless tactics, the new crime lord liquidated several competitors in a matter of weeks.
It was rumored that the former president had tried to liquidate an outspoken activist for being too vocal about corruption.
In the spy novel, a secret agent was sent to liquidate the double agent before any classified information could be leaked.

Eliminate by paying off (debts).

Verbs of buying, selling, owning.

The company worked to liquidate its debts by selling off excess assets and using the proceeds to pay off creditors.
Before retiring, she liquidated her outstanding loans by taking a lump sum from her pension to settle the outstanding amount.
To improve his credit score, he liquidated his credit card debt by making consecutive timely payments for several months.
After losing her job, she liquidated her mortgage by using her settlement money to pay off the remaining balance.
The business owner managed to liquidate his extensive financial obligations to his suppliers by negotiating payment plans and fulfilling them on schedule.

Convert into cash; "I had to liquidate my holdings to pay off my ex-husband".

Verbs of buying, selling, owning.

The company had to liquidate its assets to pay off its debts after declaring bankruptcy.
She had to liquidate her portfolio to cover the medical expenses of her ailing mother.
He decided to liquidate the family business to pursue his passion for music.
The estate had to liquidate the deceased's properties to settle the tax liabilities.
The entrepreneur had to liquidate her shares in the startup after realizing it was not viable.