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Noun: liquidity  li'kwi-di-tee
  1. The property of flowing easily
    "The liquidity of mercury makes it difficult to contain";
    - fluidity, fluidness, liquidness, runniness
     
  2. The state in which a substance exhibits a characteristic readiness to flow with little or no tendency to disperse and relatively high incompressibility
    "Mercury's liquidity makes it dangerous to handle";
    - liquid, liquidness, liquid state
     
  3. Being in cash or easily convertible to cash; debt paying ability
    "The company's high liquidity allowed it to weather the economic downturn"

Derived forms: liquidities

Type of: exchangeability, fungibility, interchangeability, interchangeableness, state, state of matter, thinness

Encyclopedia: Liquidity