Explain what liquidity means. When a corporation is becoming less liquid, what are the implications for shareholders?

Question:

Explain what liquidity means. When a is becoming less liquid, what are the implications for shareholders? For creditors?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...