verb (v)

• get rid of (someone who may be a threat) by killing(verb.contact)

  Example:
  The mafia liquidated the informer.
  

  Synonym:
  do in, knock off, neutralise, neutralize, waste
  

  source: wordnet30
• eliminate by paying off (debts)(verb.possession)

  Synonym:
  pay off
  

  source: wordnet30
• convert into cash(verb.possession)

  Example:
  I had to liquidate my holdings to pay off my ex-husband.
  

  source: wordnet30
• settle the affairs of by determining the debts and applying the assets to pay them off(verb.possession)

  Example:
  Liquidate a company.
  

  source: wordnet30
• 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.(verb)

  source: webster1913