what is liquid money
Hemantg111:
A liquid asset is cash on hand or an asset that can be readily converted to cash. An asset that can readily be converted into cash is similar to cashitself because the asset can be sold with little impact on its value. ... Investments are considered liquid assets because they can be readily liquidated.
Answers
Answered by
0
An asset is said to be liquid if it is easy to sell or convert into cash without any loss in its value.
like as - bank notes ND checking accounts are the most liquid assets.
like as - bank notes ND checking accounts are the most liquid assets.
Similar questions