C1 verb /ˈlɪkwɪdeɪt/
liquidate
liquidieren
Meaning
To sell assets in order to pay off debts; to close a business and convert assets into cash.
Example
The company decided to liquidate its assets to pay creditors.
Das Unternehmen entschloss sich, seine Vermögenswerte zu liquidieren, um die Gläubiger zu bezahlen.