Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Liquidity
1. The quality or state of being readily convertible to cash. 2. Securities. The characteristic of having enough units in the market that large transactions can occur without substantial price variations. ( Most stocks traded on the New York Stock Exchange, for example, have liquidity.
liquidity ratio
The ratio between a person's or entity's assets that are held in cash or liquid form and the amount of the person's or entity's current liabilities, indicating the ability to pay current debts as they come due.