IPA: /ˈlɪkwɪdeɪtɪd/
KK: /ˈlɪkwɪdeɪtɪd/
Describing something that has been settled or resolved, often in a legal or financial context, indicating that it is no longer in dispute or has been finalized.
The company's assets were liquidated after it went bankrupt.
To close down a business or sell off its assets, often to pay debts.
The company was liquidated after failing to recover from its financial losses.
Past: liquidated
Past Participle: liquidated
Liquidated → It is formed from "liquid" (from Latin "liquidus", meaning fluid or flowing) and "-ate" (a suffix used to form verbs indicating the action of). The word "liquidated" means to convert assets into cash or to settle a debt, often implying a flowing or release of resources.
Think of 'liquid' as something that flows, and when you 'liquidate', you are converting assets into cash, allowing them to flow freely.