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    Liquidación (en. Settlement)

    /likwidatˈsjon/

    Meaning & Definition

    EnglishSpanish
    noun
    Action by which a commercial relationship is undone, making payment or delivery of goods.
    The liquidation of the company was completed in less than a month.
    La liquidación de la empresa se realizó en menos de un mes.
    Process of selling merchandise at reduced prices.
    In the winter clearance, all products are half price.
    En la liquidación de invierno, todos los productos están a mitad de precio.
    State in which a company is closing its operations.
    The liquidation of the business has left many employees without jobs.
    La liquidación del negocio ha dejado a muchos empleados sin trabajo.

    Etymology

    From the Latin liquidatio, which means 'the act of liquidating'.

    Common Phrases and Expressions

    total liquidation
    Process in which all debts are settled or operations are closed.
    liquidación total
    to be on clearance
    To be in a process of closure or selling goods at reduced prices.
    estar en liquidación
    asset liquidation
    Sale of a company's assets to pay debts.
    liquidación de activos

    Related Words

    liquidate
    To make the payment of a debt.
    liquidar
    judicial liquidation
    Legal process to liquidate the assets of a person or company.
    liquidación judicial
    liquidity
    The ability of a company to meet its short-term obligations.
    liquidez

    Slang Meanings

    Liquidation of a relationship
    After the argument, they decided to liquidate their relationship.
    Después de la discusión, decidieron hacer una liquidación de su relación.
    Clearance sale
    I went to the store and found amazing things at the clearance sale.
    Fui a la tienda y encontré cosas increíbles en la venta de liquidación.