The term "excess liquid" refers to an excess amount of a particular type of liquid, usually in reference to a financial or economic context. It can mean that there is more money available than what is needed for immediate use or obligations, and it could be held as cash, savings accounts, or other easily convertible assets. In the world of finance, having excess liquidity means an individual or business has readily accessible funds to invest in opportunities, pay off debts, or make purchases without straining their financial resources.