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TeachMeFinance.com - explain Liquid Water Equivalent Liquid Water Equivalent Same as Water Equivalent; the liquid content of solid precipitation that has accumulated on the ground (snow depth). The accumulation may consist of snow, ice formed by freezing precipitation, freezing liquid precipitation, or ice formed by the refreezing of melted snow. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.