liquidate vs pay off

liquidate and pay off both are verbs.

Word	Noun	Adjective	Verb	Adverb
liquidate	No	No	Yes	No
pay off	No	No	Yes	No

As verbs, liquidate and pay off are synonyms defined as:

liquidate (verb)	pay off (verb)
get rid of (someone who may be a threat) by killing	take vengeance on or get even
eliminate by paying off (debts)	eliminate by paying off (debts)
convert into cash	pay someone with influence in order to receive a favor
settle the affairs of by determining the debts and applying the assets to pay them off	yield a profit or result
	pay off (loans or promissory notes)
	do or give something to somebody in return