What term describes a mixture in which a liquid is suspended as small droplets in another liquid?

The term that accurately describes a mixture where a liquid is suspended as small droplets within another liquid is emulsion. An emulsion is a specific type of colloid formed when two immiscible liquids are combined, resulting in one liquid being dispersed in the form of tiny droplets within the other. This process often requires an emulsifying agent to stabilize the mixture and prevent the two liquids from separating.

An emulsifier, while related, specifically refers to a substance that helps to stabilize an emulsion. It does not describe the mixture itself, but rather a component that enables the formation and stability of an emulsion. Drift is a term that typically refers to the unwanted movement of a substance, often in the context of pesticides, and does not apply to liquid mixtures. Dilute refers to a solution that has had a solvent added to it, reducing the concentration of the solute, but it does not convey the concept of one liquid being suspended in another.