Merriam-Webster Collegiate Dictionary - liquid

 I. adjective  Etymology: Middle English, from Middle French ~e, from Latin ~us, from liquere to be fluid; akin to Latin lixa water, lye, and perhaps to Old Irish fliuch damp  Date: 14th century  1. flowing freely like water  2. having the properties of a ~ ; being neither solid nor gaseous  3.  a. shining and clear large ~ eyes  b. being musical and free of harshness in sound  c. smooth and unconstrained in movement  d. articulated without friction and capable of being prolonged like a vowel a ~ consonant  4.  a. consisting of or capable of ready conversion into cash ~ assets  b. capable of covering current liabilities quickly with current assets  • ~ity noun  • ~ly adverb  • ~ness noun  II. noun  Date: 1530  1. a ~ consonant  2. a fluid (as water) that has no independent shape but has a definite volume and does not expand indefinitely and that is only slightly compressible