English · Work & Business
liquidity
/lɪˈkwɪd.ɪ.ti/
[/lɪˈkwɪd.ɪ.ti/]
available cash
Advancednoun
Definition
The ease with which assets can be converted into cash, or the amount of cash available.
Example
The firm kept high liquidity so it could cover sudden expenses without borrowing.
The firm kept high liquidity so it could cover sudden expenses without borrowing.
Etymology
From Latin 'liquidus' (fluid); the financial sense developed in modern economics.
How & Where It’s Used
Used in finance, banking, and economics.