A market where selling and buying can be accomplished with ease, due to the presence of a large number of interested buyers and sellers willing and able to trade substantial quantities at small price differences.
Found on http://www.encyclo.co.uk/local/20174
A market in which large quantities of shares (or commodities etc) are being bought and sold thereby... <a target=_blank href='http://www.finance-glossary.com/terms/liquid-market.htm?id=860&ginPtrCode=00000&PopupMode=false' title='Read full definition of liquid market'>more</a>
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