liquidate in WordNet English dictionary

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