liquid gold noun 10forms 1 noun10 •A kind of liquid preparation used to decorate ceramic ware with gold or gold colour. •(figurative) Any liquid that is considered highly valuable, such as crude oil or breast milk. •(figurative) Sandalwood oil •(figurative) Crude oil. •(figurative) Water. •(figurative) Colostrum. •(figurative) Any liquid that is yellow in color, such as beer, olive oil or a liquid cheese. •(figurative) Beer. •(euphemistic, figurative) Urine. •(slang, figurative) Amyl nitrite. formsliquid golds