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 (gay slang) This article is about slang term. For related meanings, see Rough Trade (disambiguation). Trade (also known as Chow) is a gay slang term originating from Polari and refers to the (usually) casual partner of a gay man or to the genre of such pairings. Men falling in the category of trade are not gay-identified.