liquidate

verb

1. 1

   get rid of (someone who may be a threat) by killing

   The mafia liquidated the informer

   the double agent was neutralized

2. 2

   settle the affairs of by determining the debts and applying the assets to pay them off

   liquidate a company

3. 3

   convert into cash

   I had to liquidate my holdings to pay off my ex-husband

4. 4

   eliminate by paying off (debts)