#1 liquidity n. [liquid, liquidness, liquid state] the state in which a substance exhibits a characteristic readiness to flow with little or no tendency to disperse and relatively high incompressibility. wn
#2 liquidity n. [fluidity, fluidness, liquidness, runniness] the property of flowing easily; "adding lead makes the alloy easier to cast because the melting point is reduced and the fluidity is increased"; "they believe that fluidity increases as the water gets warmer". wn
#3 liquidity n. being in cash or easily convertible to cash; debt paying ability. wn
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