Accountancy, asked by cakash6781, 1 year ago

What is a liquid asset?

Answers

Answered by captainkhan85
5
A liquid asset is cash on hand or an asset that can be readily converted to cash. Liquid assets include money market instruments and government bonds.

The foreign exchange market is deemed to be the most liquid market in the world because it hosts the exchange of trillions of dollars in everyday.

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