What does it mean to liquidate something?

Answer 1

to liquidate is to take an asset of any value and sell it or trade it in, for its cash value. for example, if you own a house, and it is worth/appraised for $300,000..and you liquidate it. that means you sell your house (to a buyer or bank or whomever) and get the $300,000 for it.

Answer 2

All property or belongings have a value. To liquidate them means to sell at any price and turn them into cash.

Answer 3

You would liquidate something if you are going to bring in new inventory or if your business is going out of sale. Generally you'd sell merchandise at a lower price so it would sell quickly.

Answer 4

Turn it into cash. A property (real estate, business, equipment) has a value, but you can't spend it or use it to pay the bills. Banks and people who have no need for the property other than cash sell off this stuff, sometimes really cheap, to get cash.

Answer 5

"liquidate"liquidate v. to sell the assets of a business, paying bills and dividing the remainder among shareholders, partners or other investors.

Answer 6

liquidate is a fancy term meaning to sell (usually all of) something you own usually for cash.
often its used with stock or shares of mutual funds.

Answer 7

To "liquidate" is to shoot someone with a ray gun and turn them into a pile of really sticky goo.

Answer 8

Selling it at dirt cheap prices

Answer 9

To turn assets into money by selling

Answer 10

doesnt it mean to sell for real cheap or when the store is closing down?