likvida

Likvida is a term used in several Nordic languages to refer to liquidity-related concepts or processes. In general English usage, related forms are liquidity and liquidation, which describe how easily assets can be converted to cash and the process of winding down a business, respectively. The Nordic usage often capitalizes or inflects the term in phrases such as likvida medel (liquid assets) or likvidation (liquidation).

In finance, likvida denotes the ease with which assets can be converted to cash without significant loss. Liquidity is important for meeting short-term obligations, managing cash flow, and assessing financial resilience. Measures of liquidity include cash and cash equivalents, marketable securities, and liquidity ratios like the quick ratio and current ratio.

In corporate law, liquidation describes winding up a company, paying off creditors, and distributing any remaining assets to shareholders. In Swedish and Norwegian law, terms such as likvidation or likvidera are used to describe this process; 'likvida tillgångar' or 'likvida medel' refer to cash and other assets that can be readily converted.

Etymology and cross-language notes: The root is related to the Latin liquidus and the concept of being fluid or cash-like. In practice, likvida is most commonly encountered in financial and legal contexts in Nordic languages and can appear in policy, reporting, and contractual language.