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Liquidation   /lˌɪkwɪdˈeɪʃən/   Listen
Liquidation

noun
1.
Termination of a business operation by using its assets to discharge its liabilities.  Synonym: settlement.
2.
The act of exterminating.  Synonym: extermination.
3.
The murder of a competitor.  Synonym: elimination.






WordNet 3.0 © 2010 Princeton University








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"Liquidation" Quotes from Famous Books



... and in a short time we were again firmly planted before the sign-post of a public-house. But here there was no credit, and our good-natured Lubecker having doled out a fourth zwanziger on account, was scarcely surprised to see it pounced upon and totally appropriated by the host in liquidation of some ancient score. With a shout of rage, or rather a howl, from our Bohemian whip, we again set forward. "Hi, hi, hi!" and helter-skelter we went, through bush and bramble, where indeed there was no trace or shadow of a beaten track. The Bohemian ...
— A Tramp's Wallet - stored by an English goldsmith during his wanderings in Germany and France • William Duthie

... final liquidation of the great collective fortunes. A settlement of accounts, an express or tacit bargain, intervenes between the State and all institutions for instruction, worship and charity. It has taken from the poor, from the young and from believers, 5 milliards of capital ...
— The Origins of Contemporary France, Volume 5 (of 6) - The Modern Regime, Volume 1 (of 2)(Napoleon I.) • Hippolyte A. Taine

... a friend, the Rev. Marcus Flather a draft for two hundred and fifty pounds sterling, drawn upon you at your agent's in Calcutta, which sum will go in liquidation of dear Clive's first year's board with me, or, upon my word of honour as a gentleman and clergyman, shall be paid back at three months after sight, if you will draw upon me. As I never—no, were it my ...
— The Newcomes • William Makepeace Thackeray

... and now he hoped that the worst was over. He wrote to Morris: "Your promise that after this month no more bills shall be drawn on me keeps up my spirits and affords me the greatest satisfaction." By the following summer the accounts between France and the States were in course of liquidation, and Franklin called the attention of Livingston to the fact that the king practically made the States a further present "to the value of near two millions. These, added to the free gifts before made to us at different times, form an object of at least ...
— Benjamin Franklin • John Torrey Morse, Jr.

... after he had handed over the money in liquidation of Bearside's claim that he sat down to write a further letter to his friend and correspondent Josiah Scroome. His letter was not written in the best of tempers; but still, through it all, there was a desire to be just, and an anxiety to abstain from the use of hard ...
— The American Senator • Anthony Trollope

... 250,000 livres as her share of the property of a wealthy kinsman, one Despeignes-Duplessis, a country gentleman, who some four years before had been found murdered in his house under mysterious circumstances. The liquidation of the Duplessis inheritance, as soon as the law's delay could be overcome, would place the Derues in a position of affluence fitting a Cyrano de ...
— A Book of Remarkable Criminals • H. B. Irving

... the navy shall be found. I have myself, during the last month, paid the Greeks in the naval service; but whilst I see that even the share of prizes claimed by Government is diverted from its proper use, I shall not continue to be answerable for future expenses, nor for the liquidation of the just claims of the foreign officers, which they have had the patience to leave in ...
— The Life of Thomas, Lord Cochrane, Tenth Earl of Dundonald, Vol. II • Thomas Lord Cochrane

... City, could elect a President. The charge that Tilden intended indemnifying the South and assuming the Confederate debt increased the anxiety. Conkling's reference to the repayment of direct taxes, the refund of the cotton tax, and the liquidation of Southern claims mounted so high into the hundreds of millions that Tilden deemed it prudent to issue a letter pledging an enforcement of the Constitutional Amendments and ...
— A Political History of the State of New York, Volumes 1-3 • DeAlva Stanwood Alexander

... that the first bailiff at Hellebergene had once been agronomist and forester on a large concern which was in liquidation, Helene had taken such a fancy to him, that when she was not at school, she went with him everywhere; and, indeed, he was a wonderful old man. During these rambles she had learned all that he could teach her. He had an especial gift for forestry. It was a development for ...
— Absalom's Hair • Bjornstjerne Bjornson

... hands, and managed them with such prudence and economy that, notwithstanding they have five children, the expenses, all told, are not over eight hundred dollars a year, and half of the surplus, four hundred dollars, is appropriated to the liquidation of debts contracted since their marriage, and the other half deposited in the savings' bank, as a fund for the education of their children in the higher branches, when they reach a more ...
— Graham's Magazine, Vol. XXXII No. 4, April 1848 • Various

... extension by the State of New York of its moratorium legislation. While recognizing that business conditions had improved, the Court was of the opinion that there was reason to believe that "'the sudden termination of the legislation which has damned up normal liquidation of these mortgages for more than eight years might well result in an emergency more acute than that which the original ...
— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin

... all-round Duffer," as my youngest nephew, aetat. XI., freely informed me, when I served twice out of court (once into the conservatory, the other time through the study window). I was a Duffer at marbles, also at tops, and my personal efforts in these kinds were constantly in liquidation. But what are marbles and tops! The first regular game I was entered at was Golf. Five is not too early to begin, and I began at five by being knocked down with a club which another small boy was brandishing. This naturally gave me an extreme zeal for the sport of MARY STUART, the Great ...
— Punch, Or The London Charivari, Volume 102, January 16, 1892 • Various

... discover and deeply regret her fatal mistake. The time was a very ill-chosen one to summon France to pay old debts, and his Christian Majesty had given his ambassador no instructions contemplating such a liquidation. ...
— The Rise of the Dutch Republic, 1555-1566 • John Lothrop Motley

... bankrupt, is to arrive at the concordat as fast as possible. Skilful creditors will approach dull creditors or very busy ones, give an ugly look into the failure, and buy up their claims at half what they are worth at the liquidation; in this way they get back their money partly by the dividend on their own claims, partly from the half, or third, or fourth, ...
— Rise and Fall of Cesar Birotteau • Honore de Balzac

... went into liquidation. The world of finance is a mysterious world in which, incredible as the fact may appear, evaporation precedes liquidation. First the capital evaporates, and then the company goes into liquidation. These are very unnatural physics, but they account for the persistent inertia of Heyst, ...
— Victory • Joseph Conrad

... might just as well give a sly kick with his heel to the granite,) before time will be at an end, and the burden of flesh accomplished. But you hear it expressed in terms that will astonish Baron Rothschild, what is the progress in liquidation which we make for each particular century. A billion of centuries pays off a quantity equal to a pinch of snuff. Despair seizes a man in contemplating a single coupon, no bigger than a visiting card, of such a stock as this; and behold we have to keep on ...
— Narrative And Miscellaneous Papers • Thomas De Quincey

... Billy don't actooally make no assignment, nor go into what you-all Eastern sharps calls liquidation. The two goes on an' works their claims together, an' the firm name still waves as 'Doby Dawson an' Copper Queen Billy Rudd,' only Billy won't go into 'Doby's new wickeyup where he's got Manuela,—not ...
— Wolfville • Alfred Henry Lewis

... their usual course. The downfall of Mavick is too well known in the Street to need explanation here. For a time it was hoped that sacrifices of great interests would leave a modest little fortune, but under the pressure of liquidation these hopes melted away. If anything could be saved it would be only comparatively valueless securities and embarrassed bits of property that usually are only a delusion and a source of infinite worry to a bankrupt. It seemed ...
— Baddeck and That Sort of Thing • Charles Dudley Warner

... inexpressibly touched to get a letter from some lawyers as to some money. I have never had any account with my friends; some have gained and some lost; and I should feel there was something dishonest in a partial liquidation even if I could recollect the facts, WHICH I CANNOT. But the fact of his having put aside ...
— The Letters of Robert Louis Stevenson - Volume 1 • Robert Louis Stevenson

... few months, now flowed rapidly out of the country, since American merchants were no longer able to buy British goods by drawing on West India credits. At the same time, with the arrival of peace, the State courts resumed their functions, and general liquidation began; while the State legislatures, in the effort to adjust war finances, imposed what were felt to be high taxes. The result was a general complaint of hard times, poverty, and insufficient money. Some States made efforts to ...
— The Wars Between England and America • T. C. Smith

... forfeit the old Boston companies to him through Bay State's failure to comply with the terms of the May contract which matured the following Monday. Rogers would administer these companies in trust, applying their earnings to the liquidation of the bonds, and after these latter had been paid off, would turn them back to the Bay State Company for the benefit of its stock; or he would release the companies to us whenever we could raise the money to redeem them. ...
— Frenzied Finance - Vol. 1: The Crime of Amalgamated • Thomas W. Lawson

... her head. "That's not enough. This calls for liquidation. I want a special squad on this one." She began writing names on a sheet of paper, names of some of the most effective unscrupulous yet faithful operators in ...
— The Deadly Daughters • Winston K. Marks

... companies, and, though only a little more than half the damage was covered by policies, the total swelled toward the colossal sum of $150,000,000. Several of the largest companies were seriously crippled by the disaster and some were forced into liquidation. To the great relief of the entire country, nevertheless, the financial situation was not severely affected, and there was every reason to believe that the great bulk of the insurance ...
— The San Francisco Calamity • Various

... to state, however, that the documents, except certain lists of vessels captured, condemned, or burnt at sea, proper to facilitate the examination and liquidation of the reclamations comprised in the stipulations of the convention, and which by the sixth article France engaged to communicate to the United States by the intermediary of the legation, though repeatedly applied for by the American charge d'affaires under ...
— A Compilation of the Messages and Papers of the Presidents - Section 1 (of 2) of Volume 3: Andrew Jackson (Second Term) • James D. Richardson

... all, so that thenceforth it was back, back, back for their enemies, always back, never again forward! After that it was only a scant four months before the commanders of the Central Empires knew themselves beaten; and now their very empires are in liquidation! ...
— Winning a Cause - World War Stories • John Gilbert Thompson and Inez Bigwood

... an extent by ways of living, the amount of capital determines, within certain limits, to a certainty how long its possessor will do business on this round lump of earth. I think Parasang's time for liquidation had come. That is all. As for Mrs. Parasang, I think she could have stayed a little longer if she had cared to do so, but she went away because he had gone. One can just ...
— The Wolf's Long Howl • Stanley Waterloo

... with troubles, accepted Schwiebus in liquidation of all claims (8th April, 1686), and a few days after set his men on march against the Turks:—and, exactly two months beforehand, on the 8th of February last, the Prince had signed HIS secret engagement, That Schwiebus should be a mere phantasm to Papa; that he, the Prince, would ...
— History Of Friedrich II. of Prussia, Vol. III. (of XXI.) - Frederick The Great—The Hohenzollerns In Brandenburg—1412-1718 • Thomas Carlyle

... gains entrance; remonstrates, perorates, promises; gets Salm persuaded home to its barracks. Next day, our respectable Mayor lending the money, the officers pay down the half of the demand in ready cash. With which liquidation Salm pacifies itself, and for the present all is hushed up, as much as may be. (Bouille, ...
— The French Revolution • Thomas Carlyle

... useless, my wishes to retrench our expenses ineffectual. Mr. Robinson had, previous to our union, deeply involved himself in a bond debt of considerable magnitude, and he had from time to time borrowed money on annuity,—one sum to discharge the other,—till every plan of liquidation appeared impracticable. During all this time ...
— Beaux and Belles of England • Mary Robinson

... renounced all isolated demonstrations, awaiting a direct instruction and direction from above. And, also, among the leadership of our party there developed a "watchful-waiting" policy. Under these circumstances, the liquidation of the Korniloff adventure, irrespective of the profound regrouping of forces to our advantage, did not bring about any ...
— From October to Brest-Litovsk • Leon Trotzky

... amount of the funded debt contracted in consequence of the war ($64,000,000), and the amount of the unfunded and floating debt, including the various issues of Treasury notes, $17,000,000, which is in a gradual course of payment. There will probably be some addition to the public debt upon the liquidation of various claims which are depending, and a conciliatory disposition on the part of Congress may lead honorably and advantageously to an equitable arrangement of the militia expenses incurred by the several States without ...
— A Compilation of the Messages and Papers of the Presidents - Section 4 (of 4) of Volume 1: James Madison • Edited by James D. Richardson

... had sold his wool, he had felled his timber, and, without telling his wife, he had come to Paris to invest two hundred thousand francs in the purchase of a delightful residence in the Rue de l'Arcade, that was being sold in liquidation of an aristocratic House that was in difficulties. He had been a member of the Council for the Department since 1826, and now, paying ten thousand francs in taxes, he was doubly qualified for a peerage under the ...
— Parisians in the Country - The Illustrious Gaudissart, and The Muse of the Department • Honore de Balzac

... and send it along. I'd get a scrap of paper, if I were you, and write it down: 'Five dollars received of Dr. Frank Winthrop'; and when you use something for some needy person, consider that it is so much toward the liquidation of the debt and write it opposite: 'Paid Dr. Frank Winthrop, so ...
— Divided Skates • Evelyn Raymond

... Mrs. Kinloch was the Widow Branning. Her husband's small estate had melted like a snow-bank in the liquidation of his debts. She had only one child, Hugh, to support; but in a country town there is generally little that a woman can do to earn a livelihood; and she might often have suffered from want, if the neighbors had not relieved her. If she left her house ...
— The Atlantic Monthly, Volume 2, Number 9, July, 1858 • Various

... bottle was filled and returned to the second mate, he slipped it in his pocket, and in a very matter-of-fact manner began to make arrangements for the liquidation of the debt, at a convenient period. The saloon-man naturally resented any discussion of this character, and told his customer to either pay for the liquor or return it right away. Assuming an air of injured innocence, our friend took ...
— My Native Land • James Cox

... 1998, the IMF approved a three-year Extended Fund Facility, which provides credits worth approximately $864 million, designed to support Bulgaria's reform efforts. The government's structural reform program includes: (a) privatization and, where appropriate, liquidation of state-owned enterprises (SOEs); (b) liberalization of agricultural policies, including creating conditions for the development of a land market; (c) reform of the country's social insurance programs; and, (d) reforms to strengthen contract enforcement ...
— The 1999 CIA Factbook • United States. Central Intelligence Agency.

... he might hold on to it until it rose in value. He was apt to hold commissions to purchase land for his friends who remained east of the mountains. The land was turned to use by private individuals and by corporations; it was held for speculative purposes; it was used for the liquidation of debts of every kind. The official surveyors, when created, did most of their work by deputy; Boone was deputy surveyor of Fayette County, in Kentucky. [Footnote: Draper MSS.; Boone MSS. Entry of August court for 1783.] Some ...
— The Winning of the West, Volume Three - The Founding of the Trans-Alleghany Commonwealths, 1784-1790 • Theodore Roosevelt

... and the results were very successful as regards the workpeople. Nothing could have been better than the spirit of goodwill, and even devotion, which was displayed by many of them. But, unhappily, contracts were taken by the management, which resulted in a series of losses; and the scheme ended in liquidation. Mr. Greening states that "the Distribution Societies have as yet been much more successful than the Production Societies;" but he hopes "to see the latter crown the edifice by making workers everywhere no longer servants, but co-partners ...
— Thrift • Samuel Smiles

... Liquidation in acceptances is one of the keys to the success of the English loan. While England had the ability before the war to discount $2,500,000,000 of acceptances, and with the present expanded base of the Bank would, without war, have the ability to discount ...
— The Audacious War • Clarence W. Barron

... existing condition. Ample revenues must be supplied not only for the ordinary expenses of the Government, but for the prompt payment of liberal pensions and the liquidation of the principal and interest of the public debt. In raising revenue, duties should be so levied upon foreign products as to preserve the home market, so far as possible, to our own producers; to revive and increase manufactures; ...
— Messages and Papers of William McKinley V.2. • William McKinley

... extend to this Act in the same manner as if the monies borrowed in pursuance of this Act were monies borrowed for the purpose of defraying the expenses of the Metropolis Local Management Acts, or one or more of those acts. The Board shall apply the monies received by them under this Act in liquidation of the principal and interest of the monies so borrowed, but no creditor shall be concerned to see to such application, or be liable for any misapplication of the monies received or borrowed by the Board in pursuance ...
— Fire Prevention and Fire Extinction • James Braidwood

... lavish expenditure. Accordingly, they passed an unusual number of bills, appropriating money to the clearing of creeks, building of bridges, and making of canals and turnpike roads; the amount of which, instead of leaving a surplus of ten millions to the liquidation of the national debt, would not only have totally exhausted the treasury, but have actually exceeded by 20,000,000 dollars the revenue of the current year. This manoeuvre was timely discovered by the administration, and ...
— A Ramble of Six Thousand Miles through the United States of America • S. A. Ferrall

... with consequences, Balzac had recourse to his mother, who, though little disposed in the past to humour his bent, consented now to every sacrifice in order to save his credit. Her first step was to get her cousin Monsieur Sedillot to occupy himself with the liquidation, she authorizing him at the same time to make whatever arrangement he should judge best, and promising to accept it. She was most anxious to spare her husband, at present eighty-three years of age, the grief he must feel if informed of the ...
— Balzac • Frederick Lawton

... treasury, of twelve lacs of pagodas per annum, (as voluntarily proposed by his Highness,) until those debts, with interest, shall be discharged; and shall also consent that the equitable provision lately made by the British legislature for the liquidation of those debts, and such resolutions and determinations as we shall hereafter make, under the authority of that provision for the liquidation and adjustment of the said debts, bona fide incurred, shall be carried into full force ...
— The Works of the Right Honourable Edmund Burke, Vol. III. (of 12) • Edmund Burke

... The liquidation of her debts, which followed on her decease and the division of her property, brought Acquet de Ferolles' daughters to Tournebut, all three of whom were well married. In making an inventory of the furniture in the chateau, they found amongst things ...
— The House of the Combrays • G. le Notre

... ought to have been cautious, and cautious when nothing but audacity could have availed. The first subject upon which he was called upon to act was the tariff. The national debt being within two or three years of liquidation, Calhoun threatening nullification, and Jackson vetoing all internal improvement bills, it was necessary to provide against an enormous surplus. Clay maintained that the protective duties should remain intact, and that only those duties ...
— Famous Americans of Recent Times • James Parton

... Mr. Ross; the chance that some obnoxious neighborhood growth would affect the territory he had selected as residence territory; the fact that difficult money situations might reduce real estate values—in fact, bring about a flurry of real estate liquidation which would send prices crashing down and cause the failure of strong promoters, even such promoters for instance, as ...
— Jennie Gerhardt - A Novel • Theodore Dreiser

... paper, and $567,000,000 in gold. This cotton, while putting all our spindles and those of the world into full operation, would turn the balance of foreign trade at once immensely in our favor, and bring back streams of gold to our shores. We would at once commence the liquidation of the national debt, with a large sinking fund, as a sacred trust applicable to ...
— The Continental Monthly, Vol 3 No 3, March 1863 - Devoted To Literature And National Policy • Various

... was virtually no market. With all of these distress holdings pressing for liquidation, buyers, as was natural, were extremely timid. In the meantime, the import arrivals showed further enlargement at various southern ports, as well as at New York. Total arrivals at this port during 1881 were almost 12,400,000 pounds heavier than for the preceding year. The growing importance of ...
— All About Coffee • William H. Ukers

... the whole sum specified in his treaty, although he had previously consented to accept two-thirds of the amount; the Duc de Guise demanded the royal assent to his marriage with Madame de Montpensier, the revocation of all the patent taxes in Provence and the port of Marseilles, and the liquidation of his debts; the Duc de Mayenne, who had warned the Regent to resist the extravagant pretensions of the Princes, also came forward with a demand for large sums independently of those insured to him by his treaty; the ...
— The Life of Marie de Medicis, Vol. 2 (of 3) • Julia Pardoe

... have been satisfied with the Government's generosity, but their success in imposing upon Congress stimulated their greed. The act of 1864 provided that the charge for Government transportation over these roads should be applied to the liquidation of its bonds, and that after the completion of the lines five per cent. of their net earnings should likewise be so applied. When the Secretary of the Treasury, under the law, refused to pay them the amount earned by Government transportation, and in ...
— The Railroad Question - A historical and practical treatise on railroads, and - remedies for their abuses • William Larrabee

... of this story remains to be told. Mrs. Comstock became president of the company during its liquidation—and thus was a successor to her father-in-law, who had first entered the business as a clerk, 119 years earlier, in 1841. The good will of the company and a few assets were sold to the Milburn Company of Scarborough, Ontario, but the Comstock business was terminated, ...
— History of the Comstock Patent Medicine Business and Dr. Morse's Indian Root Pills • Robert B. Shaw



Words linked to "Liquidation" :   destruction, liquidate, settlement, conclusion, execution, slaying, devastation, viaticus settlement, viatical settlement, murder, termination, ending



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