Liquid asset

What is liquid asset?Explain?

3 Answer(s)


An asset that can be converted into cash quickly and with minimal impact to the price received. Liquid assets are generally regarded in the same light as cash because their prices are relatively stable when they are sold on the open market.


the asset which can be convetible in to money easly.


A liquid asset is cash or any asset that can be converted into cash within 20 days. This includes cheques which can be easily cashed, household items and office equipment which can be auctioned within a week and so on.

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