Liquidate

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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.