Wiktionary:Word of the day/2024/December 16

1. (transitive)
   1. (archaic, rare) Synonym of liquefy (“to make (something) into a liquid”); to liquidize.
   2. (figurative)
      1. To make (a sound) less harsh.
      2. To use up (money or other assets) wastefully; to dissipate, to squander, to waste.
      3. (informal) To kill (someone), usually violently, and especially for some ideological or political aim; to assassinate, to murder; also, to abolish or eliminate (something); to do away with, to put an end to.
      4. (business, commercial law, finance)
         1. To convert (assets) into cash; to encash, to realize, to redeem.
         2. To settle (a debt) by paying the outstanding amount; to pay off.
         3. To settle the financial affairs of (a corporation, partnership, or other business) with the aim of ceasing operations, by determining liabilities, using assets to pay debts, and apportioning the remaining assets if any; to wind up.
   3. (obsolete) To make (something) clear and intelligible.
      1. To resolve or settle (differences, disputes, etc.).
      2. (chiefly law) To ascertain (an amount of money), especially by agreement or through litigation; also, to set out (financial accounts) properly.
2. (intransitive, business, commercial law, finance) Of a corporation, partnership, or other business: to settle financial affairs with the aim of ceasing operations; to go into liquidation, to wind up.

liquidate adj

1. (law, archaic or obsolete, rare) Of an amount of money: ascertained, determined, fixed.