Definition

A person who is responsible for closing down a company and selling its assets to pay off debts.

Example

The liquidator was hired to manage the sale of the company's remaining assets.

Conversation

Have you heard about the new liquidator they hired for the company?

Yeah, I heard they need someone to help with the assets.

I wonder how a liquidator actually winds up the affairs of a business.

It's a tough job, but someone has to do it when things go south.

Synonyms & Antonyms

Root Explanation

Liquidator → It is formed from "liquidus" (meaning fluid or flowing) and "-ator" (meaning one who does). The word "liquidator" refers to one who makes something fluid or who converts assets into cash, often in the context of settling debts or closing a business.

Memory Tip

Think of someone who makes things 'fluid' or 'flowing' ('liquidus') — that's why a liquidator is someone who converts assets into cash.

Visually Confused Words