Liquid

1. Flowing freely like water; fluid; not solid and not gaseous; composed of particles that move freely among each other on the slightest pressure.

2. (finance, of an asset) Easily sold or disposed of without losing value.
3. (finance, of a market) Having sufficient trading activity to make buying or selling easy.
4. Flowing or sounding smoothly or without abrupt transitions or harsh tones.
5. (phonology) Pronounced without any jar or harshness; smooth.
6. Fluid and transparent.

(flowing freely like water): flowy, fluxive; runny

(flowing freely): solid; gaseous

(easily sold): illiquid

(having sufficient activity): illiquid