What context can I use each word in?
Learn when and how to use these words with these examples!
preliquidate
Example
I decided to preliquidate my mortgage to save money on interest. [preliquidate: verb]
Example
The company offered a discount for preliquidating the debt. [preliquidating: gerund or present participle]
settle
Example
We need to settle this argument before we can move forward. [settle: verb]
Example
I will settle the balance on my credit card next week. [settle: verb]
Example
The parties involved agreed to settle the lawsuit out of court. [settle: verb]
Good things to know
Which word is more common?
Settle is a more common term than preliquidate in everyday language, and it is used in a wider range of contexts. Preliquidate is a more technical term that is mainly used in financial and legal contexts.
What’s the difference in the tone of formality between preliquidate and settle?
Preliquidate is a more formal term than settle, which is more versatile and can be used in both formal and informal contexts.
