[] () the process of closing a company, selling its assets and paying its debts清算；清盘◆The firm has gone into liquidation.这家公司已清盘。◆Shareholders are worried that the group will be put into liquidation.股东担心这集团将会停业清理。SYNwinding up ➡ see note at bankrupt (; ) the action of selling sth to get money or to avoid losing money变卖；变现◆Falling prices may lead to further liquidation of stocks.价格下跌可能导致进一步变卖存货。➡bankruptcy , receivership compulsory liquidation forced liquidation involuntary liquidation voluntary liquidation