| 1. | composed of molecules that move freely among themselves but do not tend to separate like those of gases; neither gaseous nor solid. |
| 2. | of, pertaining to, or consisting of liquids: a liquid diet. |
| 3. | flowing like water. |
| 4. | clear, transparent, or bright: liquid eyes. |
| 5. | (of sounds, tones, etc.) smooth; agreeable; flowing freely: the liquid voice of a trained orator. |
| 6. | in cash or readily convertible into cash without significant loss of principal: liquid assets. |
| 7. | Phonetics. characterizing a frictionless speech sound pronounced with only a partial obstruction of the breath stream and whose utterance can be prolonged as that of a vowel, esp. l and r. |
| 8. | (of movements, gestures, etc.) graceful; smooth; free and unconstricted: the ballerina's liquid arabesques. |
| 9. | a liquid substance. |
| 10. | Phonetics. either r or l, and sometimes m, n, ng. |
A phase of matter in which atoms or molecules can move freely while remaining in contact with one another. A liquid takes the shape of its container. (Compare gas and solid.)
liquid
Of, relating to, or being an asset that may be bought or sold in a short period of time with relatively small price changes engendered by the transaction. A U.S. Treasury bill is an example of a very liquid asset. (Many issues of municipal bonds are not very liquid.) Compare illiquid 1.
Of, relating to, or being an investment position in which most of the assets are in money or near money. This kind of position generally earns a relatively low return but allows the investor to take advantage of other investment opportunities.
liquid liq·uid (lĭk'wĭd)
n.
The state of matter in which a substance exhibits a characteristic readiness to flow, little or no tendency to disperse, and relatively high incompressibility.
Matter or a specific body of matter in this state.
Of or being a liquid.
Having been liquefied, especially melted by heating or condensed by cooling.
Flowing readily; fluid.
| liquid (lĭk'wĭd) Pronunciation Key
One of four main states of matter, composed of molecules that can move about in a substance but are bound loosely together by intramolecular forces. Unlike a solid, a liquid has no fixed shape, but instead has a characteristic readiness to flow and therefore takes on the shape of any container. Because pressure transmitted at one point is passed on to other points, a liquid usually has a volume that remains constant or changes only slightly under pressure, unlike a gas. |