A liquid composition which has an excellent coating property at room temperature and is retained on a surface to be coated after application on the surface, and a terminal-fitted electric wire having an increased corrosion resistance using the same. The liquid composition contains a high-consistency material, a low-viscosity liquid having a kinetic viscosity of 100 mm2/s or lower measured at 40° C. in accordance with JIS K2283, and an adduct containing an acidic phosphate ester containing one or more kinds of compounds represented by General Formulae (1) and (2), and a metal, P(═O)(—OR1)(—OH)2  (1), P(═O)(—OR1)2(—OH)  (2), where R1 represents a hydrocarbon group having 4 to 30 carbon atoms.