To be in a state of' LIQUID'ity, i. E., maintain sufficient assets in the form of cash or assets easily convertible to cash to satisfy current liabilities. When speaking of money or an economy: being very liquid means it is driven by primarily by cash, checking/saving accounts, Treasury bills, stocks and bonds, etc; while being very illiquid means it is driven primarily by human capital.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). liquid. Retrieved September 20, 2026, from http://smartdefine.org/liquid/definitions/1157294 |
| Chicago | Barry Goldsmith. 2010. "liquid" http://smartdefine.org/liquid/definitions/1157294 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, liquid, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/liquid/definitions/1157294>. |
| MLA | Barry Goldsmith. "liquid" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/liquid/definitions/1157294> |