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Jackson6612 Posted 19 years ago
Grammar

What are liquid assets?

0Merriam-Webster's Collegiate Dictionary: 02br
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01font01b01sup00102sup00liq·uid:02b00 02font02br
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01font01b004 a02b00 01b00:02b00 consisting of or capable of ready conversion into cash <01i00liquid02i00 assets> 02font02br
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01font00What are 01i00liquid assets02i00 and are there any 01i00solid assets02i00?02font0-
  

Top answer

0 A liquid asset has some or more of the following features. It can be sold (1) rapidly, (2) with minimum loss of value, (3) anytime within market hours. It can also refer to cash, which is considered the most "liquid" of assets.

— Marvin A.

  • 0 A liquid asset has some or more of the following features.
  • It can be sold (1) rapidly, (2) with minimum loss of value, (3) anytime within market hours.
  • It can also refer to cash, which is considered the most "liquid" of assets.
  • 0-
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2 Answers
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0 A liquid asset has some or more of the following features. It can be sold (1) rapidly, (2) with minimum loss of value, (3) anytime within market hours. It can also refer to cash, which is considered the most "liquid" of assets. 0-
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0 01b01font00I have heard of "non-liquid" assets, but not of "solid" assets. I know very little about $$ matters. I let my financial advisor do everything.02font02b00 0-
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