A nearly horizontal or landward-sloping portion of a beach formed by the deposition of sediment by storm waves. A beach may have no berm at all, or it may have more than one berm. A narrow man-made ledge or shelf, as along the top or bottom of a slope.
What is 'Liquidity'. Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price. Market liquidity refers to the extent to which a market, such as a country's stock market or a city's real estate market, allows assets to be bought and sold at stable prices. Cash is the most liquid asset, while real estate, fine art and collectibles are all relatively illiquid.
Liquidity is the ability of a business to meet its short-term financial obligations. Several common liquidity ratios are used to measure a business's overall financial picture. By measuring liquidity, you can potentially take proactive actions to avoid getting overwhelmed with debt and expenses. Importance of Liquidity. To generate profit, a business must bring in more than enough revenue to cover its fixed and variable costs. High liquidity means that you have a relatively strong cash and current accounts position, which means that you can easily cover short-term debt obligations. Low liquidity means you have limited capacity to cover your short-term debts with existing cash and current assets.