The word "liquidated" is pronounced /ˈlɪkwɪdeɪtɪd/ and is spelled with two syllables. The first syllable, "liq," is pronounced with a short "i" sound followed by a "k" sound. The second syllable, "ui," is spelled with two vowels but is pronounced as a single sound, like "wee." The word is then concluded with the sound of "dayt" (rhymes with "wait"). The spelling of "liquidated" follows standard English pronunciation rules and reflects the word's meaning of converting assets into cash.
Liquidated is an adjective that primarily refers to the action of settling or closing a financial obligation, typically in the context of a business or organization. When a company liquidates, it means that its assets, including properties, holdings, and investments, are sold off in order to pay off its debts or distribute the remaining proceeds among shareholders. This process is often undertaken when a company becomes insolvent or bankrupt, in order to resolve its financial difficulties and wind down its operations systematically.
In a broader sense, liquidated can also describe the act of turning any type of asset into cash or a liquid form. This can include personal possessions, real estate, or other investments. By liquidating these assets, individuals or organizations can obtain the financial means to meet their financial obligations or use the funds for other purposes.
Furthermore, liquidated can also refer to the process of determining the precise value or amount of a debt or financial liability. In legal contexts, it often refers to the act of specifying a fixed or predetermined amount that must be paid as compensation or damages, especially in cases of breach of contract or similar legal disputes.
Overall, liquidated encompasses the actions of settling financial obligations, converting assets to cash, and determining the exact amount of financial liabilities.
Settled; paid.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "liquidated" derives from the Late Latin term "liquidatus", which is the past participle of the verb "liquidare", meaning "to clear, drain, or make liquid". This Latin term is formed from the word "liquidus", meaning "liquid". Over time, the meaning of "liquidare" expanded to include "solving or determining the amount of a debt" and then extended further to its current usage, referring to the closure or termination of a business or the settling of debts by selling assets.