LIQUIDITY

noun
22 Scrabble
23 WWF
L 1
I 1
Q 10
U 1
I 1
D 2
I 1
T 1
Y 4

Definition

The degree of which something is in high supply and demand, making it easily convertible to cash

"My Picasso painting is not very liquid, it would take me months to sell it. Gold on the other hand is convertible to cash at any moment, making it a very liquid commodity."

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