Liquidate

v. t.	1.	(Law) To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness) clear and certain. [imp. & p. p. Liquidated (-dā`tĕd); p. pr. & vb. n. Liquidating.] A debt or demand is liquidated whenever the amount due is agreed on by the parties, or fixed by the operation of law. - 15 Ga. Rep. 321. If our epistolary accounts were fairly liquidated, I believe you would be brought in considerable debtor. - Chesterfield.
	2.	In an extended sense: To ascertain the amount, or the several amounts, of, and apply assets toward the discharge of (an indebtedness).
	3.	To discharge; to pay off or settle, as an indebtedness. Friburg was ceded to Zurich by Sigismund to liquidate a debt of a thousand florins. - W. Coxe.
	4.	To make clear and intelligible. Time only can liquidate the meaning of all parts of a compound system. - A. Hamilton.
	5.	To make liquid.
	6.	To convert (assets) into cash.
	7.	To kill; - used mostly of governments or organizations killing their enemies; as, Stalin liquidated many of the Kulaks.
	8.	To dissolve (an organization); to terminate (an activity). Liquidated damages (Law) damages the amount of which is fixed or ascertained. - Abbott.

Verb	1.	liquidate - get rid of (someone who may be a threat) by killing; "The mafia liquidated the informer"; "the double agent was neutralized" Synonyms: do in, knock off, neutralise, neutralize, waste
	2.	liquidate - eliminate by paying off (debts) Synonyms: pay off
	3.	liquidate - convert into cash; "I had to liquidate my holdings to pay off my ex-husband"
	4.	liquidate - settle the affairs of by determining the debts and applying the assets to pay them off; "liquidate a company"

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