Definition: Liquid layout are layouts that are based on percentages of the current browser window's size.

They flex with the size of the window, even if the current
viewer changes their browser size as they're viewing the site. Liquid width layouts allow a very efficient use of the space provided by any given Web browser
window or screen resolution. They are often preferred by designers who have a lot of information to get across in as little space as possible, as they remain
consistent in size and relative page weights regardless of who is viewing the page.