likviidne

Likviidne is an Estonian adjective meaning liquid or related to liquidity. It is used primarily in finance and economics to describe how easily an asset can be converted into cash, without significant loss of value. In everyday language the more common term for the physical state of matter is vedel, while likviidne appears mainly in formal or technical contexts. The corresponding noun is likviidsus (liquidity). The plural adjective form is likviidsed, used for example in likviidsed varad (liquid assets).

Etymology: The word is borrowed from English liquid via European languages, based on the Latin liquidus. The Estonian form likviidne uses the typical -ne adjective ending; related noun likviidsus uses the -sus suffix.

Usage: In finance, likviidsus describes the ease with which an entity can meet short-term obligations. For instance, Ettevõtte likviidsus on kõrge means the company’s liquidity is high. Likviidsed varad refer to assets that can be quickly sold for cash. In chemistry or physics, likviidne may be used in some texts to describe liquids, but more common adjectives such as vedel are used; likviidne appears mainly in formal or borrowed phrasing.

See also: likviidsus; cash flow; asset liquidity.