liquid asset
Definition
Cash and other assets (such as accounts receivable, demand and time deposits, gilt edged securities) that can be converted into cash in a short time, with little or no loss in value. In some countries, precious metals (usually gold and silver) are considered also liquid assets.
liquid asset is in the Accounting & Auditing, Banking, Commerce & Finance and Investing subjects.
liquid asset appears in the definitions of the following terms:
marketable security,
money supply,
reverse annuity mortgage,
qualifying ratios,
quick assets,
asset management,
high net-worth individual (HNWI),
suitability rules,
implied cost,
acid test ratio
and
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