| 释义 |
liquidity
li·quid·i·ty L0195100 (lĭ-kwĭd′ĭ-tē)n.1. The state of being liquid.2. The quality of being readily convertible into cash: an investment with high liquidity.3. Available cash or the capacity to obtain it on demand: a bank that is increasing its liquidity by shortening the average term of its loans.liquidity (lɪˈkwɪdɪtɪ) n1. (Banking & Finance) the possession of sufficient liquid assets to discharge current liabilities2. the state or quality of being liquidli•quid•i•ty (lɪˈkwɪd ɪ ti)
n. 1. a liquid state or quality. 2. the ability or ease with which assets can be converted into cash. [1610–20; < Latin] liquidityThe ease with which an asset can be converted into money. Cash is perfectly liquid but shares in a company are less liquid because they must be sold first before money is obtained. Assets such as property are even less liquid because they are harder to sell than shares.Thesaurus| Noun | 1. | liquidity - the state in which a substance exhibits a characteristic readiness to flow with little or no tendency to disperse and relatively high incompressibilityliquid state, liquidness, liquidstate of matter, state - (chemistry) the three traditional states of matter are solids (fixed shape and volume) and liquids (fixed volume and shaped by the container) and gases (filling the container); "the solid state of water is called ice" | | 2. | liquidity - 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"fluidity, fluidness, runniness, liquidnessthinness - a consistency of low viscosity; "he disliked the thinness of the soup" | | 3. | liquidity - being in cash or easily convertible to cash; debt paying abilityexchangeability, fungibility, interchangeability, interchangeableness - the quality of being capable of exchange or interchange |
TranslationsLiquidity
Liquidity the mobility of the assets of enterprises, firms, or banks in capitalist countries, ensuring the genuine ability (capability) to pay off within a given period all liabilities and lawful monetary claims. The degree of liquidity is defined as the ratio between the ready money and quickly salable assets of an enterprise, firm, or bank and the sum of its short-term liabilities. Quickly salable (liquid) assets include government securities, the stocks and bonds of large corporations (which can always be sold on the stock exchange), fixed-term promissory notes of respectable firms (which are accepted without difficulty for discounting and rediscounting by banks), and gold and other precious metals. Also included in calculations of liquidity is assured debtor liability, that is, accounts receivable and the like that can be repayed on first request or within a brief period. Easily salable material-commodity resources are also considered among the liquid assets of industrial and commercial enterprises. The higher the percentage of assets that can be rapidly converted into ready cash, the greater the liquidity of an enterprise, firm, or bank. The liquidity of commercial banks—the uninterrupted payment of depositor claims—is of particular importance in the capitalist economic system. In order to assure such liquidity, legislation on banking usually establishes the level of cash reserves that commercial banks must maintain in a central bank; the level is determined as a percentage of the total current assets and term deposits and is referred to as a minimum bank reserve. Business fluctuations and, in particular, economic crises lower the liquidity of enterprises, firms, and banks and lead to many bankruptcies. Under the conditions of the general crisis of capitalism, the liquidity of less powerful banks is declining; they are being absorbed by larger banks, which in turn merge into giant banks. A specific form of liquidity is international liquidity, defined as the ratio between the gold currency reserves of governments and central banks of the capitalist countries and the sum of their foreign payments that must be guaranteed by these reserves. After World War II this ratio declined, leading to a sharp aggravation of the problem of international liquidity. Circulation related to foreign trade expanded considerably, in terms of physical volume and especially in terms of value. This expansion was a result of general inflation and the rise of prices, combined with an uneven distribution of gold-currency reserves and the relatively stable level of the overall total of these reserves. (This stability is due in part to the depressed price of gold, which was artificially maintained by the USA: prior to December 1971 the price of gold was $35 per troy ounce, after which it rose to $38 and then, in February 1973, to $42.20.) M. G. POLIAKOV LegalSeeliquidliquidity
LiquidityIn context of securities, a high level of trading activity, allowing buying and selling with minimum price disturbance. Also, a market characterized by the ability to buy and sell with relative ease.
In context of a corporation, the ability of the corporation to meet its short-term obligations. Measured with liquidity ratios like current ratio, quick ratio, and cash ratio.
Antithesis of illiquidity.LiquidityEasy convertibility into cash. A liquid asset or security can be easily bought or sold with little or no impact on price. Most methods of counting money supply include some highly liquid investments such as certificates of deposit. Liquid assets and investments are highly desirable as they may be sold to allow an investor to enter other investments as they arise. On exchanges, liquid investments usually have low bid-ask spreads. See also: Illiquid, Liquidity preference hypothesis.liquidity A large position in cash or in assets that are easily convertible to cash. High liquidity produces flexibility for a firm or an investor in a low-risk position, but it also tends to decrease profitability.Liquidity.If you can convert an asset to cash easily and quickly, with little or no loss of value, the asset has liquidity. For example, you can typically redeem shares in a money market mutual fund at $1 a share. Similarly, you can cash in a certificate of deposit (CD) for at least the amount you put into it, although you may forfeit some or all of the interest you had expected to earn if you liquidate before the end of the CD's term. The term liquidity is sometimes used to describe investments you can buy or sell easily. For example, you could sell several hundred shares of a blue chip stock by simply calling your broker, something that might not be possible if you wanted to sell real estate or collectibles. The difference between liquidating cash-equivalent investments and securities like stock and bonds, however, is that securities constantly fluctuate in value. So while you may be able to sell them readily, you might sell for less than you paid to buy them if you sold when the price was down. liquidity the possession by a person or business of a stock of monetary assets which can be used directly to finance the purchase of goods and services and capital assets. See MONEY, MONEY SUPPLY.liquidity the extent to which an ASSET can be quickly and completely converted into CURRENCY (notes and coin) in order to be used as a means of payment. Monetary assets (see MONEY) are the most liquid since they are widely acceptable as a medium of exchange, while durable and highly specific assets, such as a machine, are the least liquid since such assets can be converted into money only after a willing buyer has been found and a money value placed on the asset.liquidityThe ability of a person or company to readily and easily obtain cash from its assets in order to meet obligations or make purchases. liquidity
Related to liquidity: Liquidity ratio, Liquidity riskSynonyms for liquiditynoun the state in which a substance exhibits a characteristic readiness to flow with little or no tendency to disperse and relatively high incompressibilitySynonyms- liquid state
- liquidness
- liquid
Related Wordsnoun the property of flowing easilySynonyms- fluidity
- fluidness
- runniness
- liquidness
Related Wordsnoun being in cash or easily convertible to cashRelated Words- exchangeability
- fungibility
- interchangeability
- interchangeableness
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