☞ Liquid and fluid are terms often used synonymously, but fluid has the broader signification. All liquids are fluids, but many fluids, as air and the gases, are not liquids. [ 1913 Webster ]

2. (Phon.) A letter which has a smooth, flowing sound, or which flows smoothly after a mute; as, l and r, in bla, bra. M and n also are called liquids. [ 1913 Webster ]

Liquid measure, a measure, or system of measuring, for liquids, by the gallon, quart, pint, gill, etc. [ 1913 Webster ]

Yea, though he go upon the plane and liquid water which will receive no step. Tyndale. [ 1913 Webster ]

2. (Physics) Being in such a state that the component molecules move freely among themselves, but have a definite volume changing only slightly with changes of pressure, and do not tend to separate from each other as the particles of gases and vapors do when the volume of the container is increased; neither solid nor gaseous; as, liquid mercury, in distinction from mercury solidified or in a state of vapor. Liquid substances may form a definite interface with gases, whereas the molecules of different gases freely intermingle with each other. [ 1913 Webster +PJC ]

3. Flowing or sounding smoothly or without abrupt transitions or harsh tones. “Liquid melody.” Crashaw. [ 1913 Webster ]

4. Pronounced without any jar or harshness; smooth; as, l and r are liquid letters. [ 1913 Webster ]

5. Fluid and transparent; as, the liquid air. [ 1913 Webster ]

6. Clear; definite in terms or amount. [ Obs. ] “Though the debt should be entirely liquid.” Ayliffe.

7. (Finance) In cash or readily convertible into cash without loss of principle; -- said of assets, such as bank accounts, or short-term bonds tradable on a major stock exchange. [ PJC ]

Liquid glass. See Soluble glass, under Glass. [ 1913 Webster ]

2. The balsamic juice which is obtained from these trees by incision. The liquid balsam of the Oriental tree is liquid storax. [ 1913 Webster ]

A debt or demand is liquidated whenever the amount due is agreed on by the parties, or fixed by the operation of law. 15 Ga. Rep. 321. [ 1913 Webster ]

If our epistolary accounts were fairly liquidated, I believe you would be brought in considerable debtor. Chesterfield. [ 1913 Webster ]

2. In an extended sense: To ascertain the amount, or the several amounts, of, and apply assets toward the discharge of (an indebtedness). Abbott. [ 1913 Webster ]

3. To discharge; to pay off or settle, as an indebtedness. [ 1913 Webster ]

Friburg was ceded to Zurich by Sigismund to liquidate a debt of a thousand florins. W. Coxe. [ 1913 Webster ]

4. To make clear and intelligible. [ 1913 Webster ]

Time only can liquidate the meaning of all parts of a compound system. A. Hamilton. [ 1913 Webster ]

5. To make liquid. [ Obs. ] [ 1913 Webster ]

6. To convert (assets) into cash. [ PJC ]

7. To kill; -- used mostly of governments or organizations killing their enemies; as, Stalin liquidated many of the Kulaks. [ PJC ]

8. To dissolve (an organization); to terminate (an activity). [ PJC ]

Liquidated damages (Law), damages the amount of which is fixed or ascertained. Abbott. [ 1913 Webster ]

To go into liquidation (Law), to turn over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness may be authoritatively ascertained, and that the assets may be applied toward their discharge. [ 1913 Webster ]

2. An officer appointed to conduct the winding up of a company, to bring and defend actions and suits in its name, and to do all necessary acts on behalf of the company. [ Eng. ] Mozley & W. [ 1913 Webster ]

[ 1913 Webster ]