One picture can hold most of this word: something solid is turned back into something that flows. A shop full of ovens and shelves, a flat, a pile of shares — all of that value is stuck inside objects and cannot move. Sell them and the value becomes cash, which moves anywhere and settles anything. The same motion explains the darker use: whatever is standing in the way is until nothing solid is left of it.
From the word’s history
Wiktionary traces liquidate to Late Latin liquidatus, from liquido (to melt, to make clear) and liquidus (fluid, clear). Both threads survive: turning things into cash, and settling accounts until they are clear.
根據 Wiktionary,liquidate 來自晚期拉丁文 liquidātus,源頭是 liquidō(融化、弄清楚)和 liquidus(流動的、清澈的)。兩條線索今天都還在:一條是把東西化成現金,一條是把帳目結到清清楚楚。
Wiktionary 'liquidate' etymology, supplied verbatim in this evidence packet (kaikki:3f6f69a190036ae4:1186387100)
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