die Liquidation
Translation
liquidation, winding-up, clearance sale
Examples
Die Liquidation der Firma ist abgeschlossen.
The company's liquidation is complete.
Der Laden macht eine große Liquidation.
The store is having a big clearance sale.
Grammar Patterns
the liquidation ((of sth.)) the liquidation of sth. The liquidation of the company was unavoidable.
to go into liquidation to go into liquidation The company had to go into liquidation.
Similar Words
Synonyms: Auflösung, Abwicklung (winding-up); Ausverkauf (clearance sale)
Etymology
From Latin 'liquidare' (to make liquid, to settle). Related to the English word 'liquid'.
Memory Tips
Think of a company's assets being turned into 'liquid' cash.