Liquidated

/ˈlɪkwɪdeɪtɪd/ verb

Definition

Converted assets or property into cash, or eliminated something completely (sometimes used as a euphemism for killed).

Etymology

From medieval Latin 'liquidatus,' from 'liquidare' (to make liquid or clear). Originally meant 'to clarify' financially, then expanded to mean 'to settle accounts' by converting to cash.

Kelly Says

When a company goes bankrupt, the court orders its assets 'liquidated'—they're sold off as quickly as possible for cash, which is why the word literally means 'turned into liquid' even though there's no actual water involved!

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