liquid assets JUST WRITTEN FOR YOU
/ˈlɪkwɪd ˈæsɛts/ · liq·uid æs·sets
noun
- Assets that can be easily converted into cash, such as stocks, bonds, or bank accounts. The company's liquid assets were sufficient to cover the emergency expenses.
- Financial resources that can be quickly sold or converted into cash, often used in personal finance and investment contexts. The investor's liquid assets allowed her to take advantage of the market opportunity.
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Did you know? The concept of liquid assets is crucial in finance, as it allows individuals and businesses to manage risk and take advantage of investment opportunities.