liquid

liquid
liq·uid adj
1 a: consisting of cash or capable of ready conversion into cash
b: capable of covering current liabilities out of current assets esp. in a rapid manner
a liquid insurer
2: of or relating to a security or commodity with enough shares or units outstanding to hinder significant price variation from large transactions

Merriam-Webster’s Dictionary of Law. . 1996.

liquid
adj.
In cash or readily converted into cash; holding a large amount of cash and working capital.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


liquid
a fixed amount. Liquidate damages are damages set out in an agreement between the parties rather than left at large for a court or arbiter. A liquid debt is one that is fixed in a document of debt, such as bond, or decree of a court or arbiter.

Collins dictionary of law. . 2001.

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  • Liquid — is one of the principal states of matter. A liquid is a fluid that has the particles loose and can freely form a distinct surface at the boundaries of its bulk material. The surface is a free surface where the liquid is not constrained by a… …   Wikipedia

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  • Liquid! — Liquid!, ou Liquid Graphics, est une société fondée en 1996, association de 2 coloristes et amis de longue date, Aron Lusen et Christian Lichtner. Liquid! a révolutionné le métier de coloriste de comics en faisant passer la mise en couleur à l… …   Wikipédia en Français

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  • Liquid — (lat. liquidus ‚flüssig‘, ‚fließend‘) steht für: andere Bezeichnung für Liquida, ehemalige Bezeichnung für Fließlaute wie l und r in der Phonologie einen Aggregatzustand, siehe Aggregatzustand #Flüssig Liquid (Album), Album der niederländischen… …   Deutsch Wikipedia

  • Liquid — Liq uid, n. 1. A substance whose parts change their relative position on the slightest pressure, and therefore retain no definite form; any substance in the state of liquidity; a fluid that is not gaseous and has a definite volume independent, of …   The Collaborative International Dictionary of English

  • liquid — Adj zahlungsfähig, flüssig erw. fach. (17. Jh.) Entlehnung. Entlehnt aus l. liquidus flüssig, fließend , zu l. liquēre flüssig sein . Verb: liquidieren; Abstraktum: Liquidität. Als Fachausdruck der Phonetik Liquid(a) Gleitlaut .    Ebenso nndl.… …   Etymologisches Wörterbuch der deutschen sprache

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  • liquid — ► NOUN ▪ a substance with a consistency like that of water or oil, i.e. flowing freely but of constant volume. ► ADJECTIVE 1) relating to or being a liquid. 2) clear, like water. 3) (of a sound) pure and flowing. 4) not fixed or stable. 5) (of… …   English terms dictionary

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