liquidity
Pronunciation:
/lɪkˈwɪdəti/noun
Definitions
The degree of which something is in high supply and demand, making it easily convertible to cash
Example: My Picasso painting is not very liquid, it would take me months to sell it. Gold on the other hand is convertible to cash at any moment, making it a very liquid commodity.
The state or property of being liquid.
An asset's property of being able to be sold without affecting its value; the degree to which it can be easily converted into cash.
Example: Some stocks are traded so rarely that they lack liquidity.
Availability of cash over short term: ability to service short-term debt.