A liquid asset is an asset that can be easily converted into cash in a short amount of time. Examples include cash, money market instruments, short-term bonds, and marketable securities.
Liquid assets are the ones available to manage unexpected expenses, meet financial obligations or take advantage of ...
Exactly what are liquid assets? Liquid assets are holdings that are in cash or can be converted into cash quickly. For example, if you have money in a checking, savings or money market account ...
How well can current assets cover current liabilities? Reviewed by Amy Drury The acid-test ratio (ATR), also commonly known ...