liquid asset

  

Definition

An asset that can be converted into cash in a short time, with little or no loss in value.

Liquid assets include items such as accounts receivable, demand and time deposits, gilt edged securities. In some countries, precious metals (usually gold and silver) are also considered liquid assets. Also called quick asset.


Use liquid asset in a sentence

Related Videos




http://www.businessdictionary.com/definition/liquid-asset.html

Have a question about liquid asset? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z