Liquid assets
Liquid assets
Glossary of business
Definition of liquid assets
Liquid assets are assets which can readily or easily be converted into cash. The more liquid an asset, the easier it is to turn it into cash. For example, a bank deposit is highly liquid as it can almost instantly be cashed whereas stocks of raw materials are much less liquid as they are likely to be more difficult to convert into cash.
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Terminology about business
Job world
Definition and meaning of liquid assets
Meaning of liquid assets
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