settle a debt
The phrase 'liquidar una deuda' in Spanish translates to 'settle a debt' in English. This is commonly used in the context of finance and banking, referring to the act of paying off or resolving a financial obligation or debt.
I'm going to pay off a debt with my credit card.
This sentence communicates the speaker's intention to settle a financial obligation – in this case, specifically, a credit card debt. 'Liquidar una deuda' is typically used in contexts dealing with finances and credit management.
It's important to pay off a debt before applying for another loan.
Here, 'liquidar una deuda' is used within advice about responsible financial behavior. The sentence suggests that before taking on additional debt, any existing debts ought to be settled first in order to prevent financial difficulties.
After winning the lottery, he was able to pay off a debt that had been outstanding for years.
This sentence talks about using a lottery win to 'liquidar una deuda' – to settle a debt that had been outstanding for multiple years. It illustrates the concept by embedding it in a specific scenario that could allow for the settlement of long-standing financial obligations.