late 14c., from Old French liquide "liquid, running," from Latin liquidus "fluid, liquid, moist," figuratively "flowing, continuing," from liquere "be fluid," related to liqui "to melt, flow," from PIE *wleik- "to flow, run." Of sounds, from 1630s (the Latin word also was used of sounds). Financial sense of "capable of being converted to cash" is first recorded 1818.