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liquid asset |
Also found in: Wikipedia, Hutchinson | 0.01 sec. |
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Liquid asset Liquid asset. Liquid assets are accounts or securities that can be easily converted to cash at little or no loss of value. These include cash, money in bank accounts, money market mutual funds, and US Treasury bills. Actively traded stocks, bonds, and mutual funds are liquid in the sense that they are easy to sell, but the price is not guaranteed and could be less than the amount you paid to buy the asset. In contrast, selling fixed assets, such as real estate, usually requires time and negotiation. liquid asset An asset that is cash or can be converted to cash on very short notice. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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817 trillion total specified liquid assets for the banks was 2. Highly liquid assets carry a lower yield, and represent a diversion of resource away from the bank's main business of lending to its customers," said the FSA. As is the case with liquid assets, I've never had to pull maintenance on any service I've ever bought. |
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