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  1. Jun 27, 2024 · A liquid asset is an asset that can easily be converted into cash in a short amount of time. Liquid assets include things like cash, money market instruments, and...

  2. What is a Liquid Asset? A liquid asset is cash on hand or an asset other than cash that can be quickly converted into cash at a reasonable price. In other words, a liquid asset can be quickly sold on the market without a significant loss of its value.

  3. Nov 11, 2024 · In accounting, liquid assets are assets that can be easily converted into cash without a significant impact on their market value. They are valuable for businesses as they provide rapid access to required funds to cover short-term obligations or unexpected expenses.

  4. Oct 14, 2024 · A liquid asset is an asset that can be readily converted to cash. This means the asset can easily be sold with little impact on its value.

    • Steven Nickolas
    • 2 min
  5. Jun 30, 2022 · Liquid assets, which are the current assets of the business, are easily and rapidly converted to cash without loss of any of their market value. The usual types of liquid assets on the balance sheet are cash, accounts receivable, marketable securities, and inventory.

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  7. Jul 7, 2024 · Liquid asset refers to a financial resource or asset that can be converted into liquid cash quickly with minimum value on its value. Liquid assets hold an economic value for an individual, corporation, or government.

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