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εκκαθάριση — meaning in English

ekkatharisi

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English meaning

  • liquidation noun The process of closing down a business by selling its assets and settling debts.
  • purge verb To rid something of unwanted elements; to cleanse or clear out completely.
  • settlement noun A formal agreement that resolves a dispute, often involving payment.

Senses

εκκαθάριση is used for these senses in English:

  • liquidation The selling of the assets of a business as part of the process of dissolving the business.
  • purge A forcible removal of people, for example, from political activity.
  • settlement (finance) The delivery of goods by the seller and payment for them by the buyer, under a previously agreed trade or transaction or contract entered into.

purge — full definition

  1. verb To rid something of unwanted elements; to cleanse or clear out completely.
  2. verb To forcibly remove people, especially from a political organization.
  3. noun An act of forcibly removing people or unwanted elements.
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