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Related to liquid nitrogen: dry ice

Liquid

In context of securities, easily traded or converted to cash.
In context of a corporation, the state of having enough cash and cash equivalents to cover short-term obligations.

Liquidity

Easy convertibility into cash. A liquid asset or security can be easily bought or sold with little or no impact on price. Most methods of counting money supply include some highly liquid investments such as certificates of deposit. Liquid assets and investments are highly desirable as they may be sold to allow an investor to enter other investments as they arise. On exchanges, liquid investments usually have low bid-ask spreads. See also: Illiquid, Liquidity preference hypothesis.

liquid

1. Of, relating to, or being an asset that may be bought or sold in a short period of time with relatively small price changes engendered by the transaction. A U.S. Treasury bill is an example of a very liquid asset. (Many issues of municipal bonds are not very liquid.) Compare illiquid.
2. Of, relating to, or being an investment position in which most of the assets are in money or near money. This kind of position generally earns a relatively low return but allows the investor to take advantage of other investment opportunities.
References in periodicals archive ?
The former Milford Haven Comprehensive School pupil said: "Making ice cream with liquid nitrogen means you can freeze it instantly at a temperature of -330F (around -200C).
DEEP FREEZE: Hazel Smith tries liquid nitrogen frozen ice cream made by David Clokey and Craig McDonald of The Gray Ox, Hartshead, at the Mirfield Show, and, right, their inspiration TV chef Heston Blumenthal (JH210811Bmirfield)
MS--the module of liquid nitrogen stocking, with the role to create a super-pressure in the Dewar-type cooling vessel and the transport of the liquid through the installation;
The system provides a jet of -320[degrees]F liquid nitrogen directly to the insert during turning operations.
Gas purity in the OPCs is maintained using liquid nitrogen traps and a getter.
Yesterday's Ice Cream Sunday, which included a three-course ice cream meal, looked at the problems behind the perfect cone, from the beginning of its history - with liquid nitrogen being used as far back at 1908 - to the influence of packaging and advertising, perceptions of flavours, and stabilisers used to keep ice cream at its best.
Spokesman Bob Pirie, of BOC, who produce liquid nitrogen, said it could cause cold burns or frostbite and in high concentrations could also affect breathing.
The system protects the cells by freezing them in the liquid nitrogen vapor phase compartment above the liquid nitrogen in the closed storage dewar system and then moves the cells to a specific address in the liquid nitrogen in the dewar without opening the system.
A portion of the 6,500 gallons, stored under pressure, was released through a safety vent, causing a small gas cloud and leaving a 120-square-foot frozen sheet of liquid nitrogen.
Airco's standard liquid nitrogen freezer (Model KFS 21-300) operates by injecting liquid nitrogen into a box filled with either precooked or raw seafood.
The liquid nitrogen pump operates oil-free which eliminates the risk of gas contamination.