#1 liquidate v. [neutralize, neutralise, waste, knock off, do in] get rid of (someone who may be a threat) by killing; "The mafia liquidated the informer"; "the double agent was neutralized". wn
#2 liquidate v. [pay off] eliminate by paying off (debts). wn
#3 liquidate v. convert into cash; "I had to liquidate my holdings to pay off my ex-husband". wn
#4 liquidate v. settle the affairs of by determining the debts and applying the assets to pay them off; "liquidate a company". wn
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