Definition of liquidate

• v. t. - To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness) clear and certain.
• v. t. - In an extended sense: To ascertain the amount, or the several amounts, of , and apply assets toward the discharge of (an indebtedness).
• v. t. - To discharge; to pay off, as an indebtedness.
• v. t. - To make clear and intelligible.
• v. t. - To make liquid.