Liquid nitrogen is nitrogen in a liquid state at an extremely low temperature. It is produced industrially by fractional distillation of liquid air. Liquid nitrogen is a colorless clear liquid with density of 0.807 g/mL at its boiling point and a dielectric constant of 1.4.^{[dead link]} Liquid nitrogen is often referred to by the abbreviation, LN₂ or "LIN" or "LN" and has the UN number 1977.

At atmospheric pressure, liquid nitrogen boils at −196 °C (77 K; −321 °F) and is a cryogenic fluid which can cause rapid freezing on contact with living tissue, which may lead to frostbite. When appropriately insulated from ambient heat, liquid nitrogen can be stored and transported, for example in vacuum flasks. Here, the very low temperature is held constant at 77 K by slow boiling of the liquid, resulting in the evolution of nitrogen gas. Depending on the size and design, the holding time of vacuum flasks ranges from a few hours to a few weeks.

Liquid nitrogen can easily be converted to the solid by placing it in a vacuum chamber pumped by a rotary vacuum pump. Liquid nitrogen freezes at 63 K (−210 °C; −346 °F). Despite its reputation, liquid nitrogen's efficiency as a coolant is limited by the fact that it boils immediately on contact with a warmer object, enveloping the object in insulating nitrogen gas. This effect, known as the Leidenfrost effect, applies to any liquid in contact with an object significantly hotter than its boiling point. More rapid cooling may be obtained by plunging an object into a slush of liquid and solid nitrogen than into liquid nitrogen alone.