what is liquidity of money?
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Liquidity means how quickly you can get your hands on your cash. In simpler terms, liquidity is to get your money whenever you need it.... Cash, savings account, checkable account are liquid assets because they can be easily converted into cash as and when required.
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Definition: Liquidity means how quickly you can get your hands on your cash. In simpler terms, liquidity is to get your money whenever you need it. ... Cash, savings account, checkable account are liquid assets because they can be easily converted into cash as and when required.
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