1
as in eradicates
to destroy all traces of
a decisive act that liquidated all doubts and fears about his governing abilities
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2
as in assassinates
to put to death deliberately
his first act as absolute ruler was to liquidate his opponents
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3
as in pays
to give what is owed for
used our lottery winnings to liquidate our debts
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Merriam-Webster unabridged
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