Question

what do mean by the liquidity of an asset?​

Answer 1

Explanation:

An asset is said to be liquid if it is easy to sell or convert into cash without any loss in its value. By definition, bank notes and checking accounts are the most liquid assets. Description: A liquid asset allows any individual or a company to access cash at any time they want.

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Answer 2

Answer:

$\mathbb{ HELLO \: \: MATE }$

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Explanation:

$\boxed{ Here \: \: is \: \: your \: \: Answer :- }$

An asset is said to be liquid if it is easy to sell or convert into cash without any loss in its value. By definition, bank notes and checking accounts are the most liquid assets. Description: A liquid asset allows any individual or a company to access cash at any time they want.

$\mathscr{ HOPE \: \: IT \: \: HELPS \: \: YOU }$