Use the word "liquid" to describe any substance that flows like water. Most liquids can become solid when frozen, or they evaporate when heated.
The word "liquid" can also be used when talking about an asset (stocks, bonds, real estate, jewelry, etc.) that can be sold for cash. The more liquid something is, the easier it is to sell for cash. If something is not very liquid, it takes a long time to trade it for cash.
Click here to learn more words.
March 12, 2014