liquidation

1. The act or process of winding up the affairs of a company; the selling of the assets of a business as part of the process of dissolving the business. (countable, uncountable) · The store is having a liquidation sale: everything must go as they go out of business.
2. The clearing off or settling of a debt. (countable, uncountable)
3. The act or process of abolishing or eliminating; the murder of dehumanized victims. (countable, uncountable) · Near-synonyms: devitalization, fatality; see also Thesaurus:death, Thesaurus:killing· When Stalinists spoke of the liquidation of the kulaks as a class, they intentionally created ambiguity regarding reeducation versus murder.
4. The partial clearing of the board, by an exchange of pieces, to obtain an obviously winning position. (countable, uncountable)

Plural liquidations