get rid of (someone who may be a threat) by killing
The mafia liquidated the informer. The double agent was neutralized.
source: WordNet 3.0
eliminate by paying off (debts)
source: WordNet 3.0
convert into cash
I had to liquidate my holdings to pay off my ex-husband.
source: WordNet 3.0
settle the affairs of by determining the debts and applying the assets to pay them off
Liquidate a company.
source: WordNet 3.0
To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness) clear and certain.
