likvidirati

1. (of a company) to liquidate; to wind up
   Vlasnik je odlučio da likvidira firmu zbog dugova. — The owner decided to wind up the company because of its debts.
2. (of a person) to eliminate; to kill
   Policija sumnja da je svedoka likvidirala grupa iz podzemlja. — Police suspect the witness was killed by an underworld gang.
3. (of a bill, claim) to settle
   Osiguranje je likvidiralo štetu za dve nedelje. — The insurer settled the claim in two weeks.

In the sense 'to kill' it is often used in the media, for example in reports about contract killings.