### Question
How is the term liquidation of a partner's interest defined?


### Answer
The term **liquidation of a partner's interest** is defined in *26 U.S.C. § 761* as the following:

> the termination of a partner's entire interest in a partnership by means of a distribution, or a series of distributions, to the partner by the partnership

#### Citation:
  - *26 U.S.C. § 761*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter K-Partners and Partnerships > PART III-DEFINITIONS**

