LIQUIDATION
Liq`ui*da"tion, n. Etym: [Cf. F. liquidation.]
Defn: The act or process of liquidating; the state of being liquidated. To go into liquidation (Law), to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness be authoritatively ascertained, and that the assets may be applied toward their discharge.
LIQUIDATOR
Liq"ui*da`tor, n. Etym: [Cf. F. liquidateur.]
1. One who, or that which, liquidates.
2. An officer appointed to conduct the winding up of a company, to bring and defend actions and suits in its name, and to do all necessary acts on behalf of the company. [Eng.] Mozley & W.
LIQUIDITY Li*quid"i*ty, n. Etym: [L. liquiditas, fr. liquidus liquid: cf. F. liquidité.]
Defn: The state or quality of being liquid.
LIQUIDIZE
Liq"uid*ize, v. t. [imp. & p. p. Liquidized; p. pr. & vb. n.
Liquidizing.]
Defn: To render liquid.
LIQUIDLY
Liq"uid*ly, adv.