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The liter is the standard unit for measuring volume in the metric system. It is commonly used to measure the volume of liquids such as water, milk, and gasoline.
Strictly speaking no - the liter is a non-SI unit. However it is very widely accepted being equivalent to a dm3. So the m3 is the official SI unit of volume and other derivations of it e.g. mm3 which is equivalent to the ml - or milliliter. The m3 is such a large unit that liters are very often used and totally accepted.
The basic unit of the liter is the liter itself. The liter is a unit of volume in the metric system, and is equal to one cubic decimeter.
Volume.
A litre is a metric unit of volume.