[syn: fluidity, fluidness, liquidity, liquidness, runniness]
3.  being in cash or easily convertible to cash;  debt paying ability; 
The Collaborative International Dictionary of English v.0.48:
Liquidity \Li*quid"i*ty\ (l[i^]*kw[i^]d"[i^]*t[y^]), n. [L.
   liquiditas, fr. liquidus liquid: cf. F. liquidit['e].]
   The state or quality of being liquid.
   [1913 Webster]
   [1913 Webster]
WordNet (r) 3.0 (2006):
liquidity
    n 1: the state in which a substance exhibits a characteristic
         readiness to flow with little or no tendency to disperse
         and relatively high incompressibility [syn: liquid,
         liquidness, liquidity, liquid state]
    2: 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" [syn: fluidity, fluidness,
       liquidity, liquidness, runniness]
    3: being in cash or easily convertible to cash; debt paying
       ability