liquidity: Meaning and Definition of

li•quid•i•ty

Pronunciation: (li-kwid'i-tē), [key]
— n.
  1. a liquid state or quality.
  2. the ability or ease with which assets can be converted into cash.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
liquid gold liquidity preference
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