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liquidated define. Define liquidated. liquidated synonyms, liquidated pronunciation, liquidated translation, English dictionary definition of liquidated. v. liq ui dat ed , liq ui dat ing , liq ui dates v. tr. 1. a. To pay off ; settle. b. To settle the affairs of by determining the liabilities and applying... The owners were ordered to liquidate the company and pay their creditors. The company is liquidating its assets. They liquidated the estate. [=they sold the property of the estate]

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