1. Readily flowing fluid whose molecules move freely with respect to each other, unlike a solid, but not expanding indefinitely like a gas because of cohesive forces.
2. Financial status whereby an individual or business can convert a significant percentage of assets to cash quickly.
3. Characteristic of an investment. Indicates that the investment can be quickly sold or converted to cash.
Cash value or other consideration that can be received in a forced sale of assets. Liquidation value is typically less than that which could be received from selling assets in the normal course of business.
The real estate broker who is responsible for the listing of a property and who is to represent the interests of the seller. Brokers are licensed and able to run their own companies. Not all agents are brokers.
1. A load, measured in pounds per square inch, of things that are in addition to the weight of a structure and not part of the building itself. Occupants, furniture, etc. qualify as part of this temporary source.
2. Load on any part of a crane that changes in amount.