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Liquidate

/lˈɪkwɪˌdeɪt/
B2
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(verb) Synonym of liquefy (“to make (something) into a liquid”); to liquidize.

Shareholders voted to liquidate the company's assets.
The Soviet Union tried to liquidate religion from the Soviet life.
CEFR Practice Quiz
The business owners had to ____ all their assets to pay off the significant debts that they had built up.

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