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liquidate the existing stock means to get rid of everything or to mark down the prices of everything in stock Financial assets which can be spent are known as liquid. Assets such as stocks, bonds, and mutual funds are nonliquid, and they must be liquidated (sold or cashed in) before they can be used like money. Liquidate the existing stock means to sell all the stock and convert back into money.

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Q: What does liquidate the existing stock?
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