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.
trade. 1  the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries: domestic trade; foreign trade. 2  the act of buying, selling, or exchanging stocks, bonds, or currency: Stock brokerages typically charge a commission per trade. 3  a purchase or sale; business deal or transaction.