verbs
get rid of (someone who may be a threat) by killing
"The mafia liquidated the informer"; "the double agent was neutralized"
eliminate by paying off (debts)
convert into cash
"I had to liquidate my holdings to pay off my ex-husband"
is a type of (narrower)
exchange for cash
"I cashed the check as soon as it arrived in the mail"
settle the affairs of by determining the debts and applying the assets to pay them off
"liquidate a company"
is a type of (narrower)
dispose of; make a financial settlement