liquid asset
liquid asset
English Definitions:
liquid asset (Noun)
An asset in the form of money or cash in hand, or an asset which can be quickly converted into cash without losing much value.
liquid asset
Liquid capital or fluid capital is the part of a firm's assets that it holds as money. It includes cash balances, bank deposits, and money market investments. Since these assets provide little or no income to the firm, it will ordinarily seek to invest them in activities that offer a higher return on investment, apply them to outstanding debts, or distribute them to the firm's owners. The opposite of a liquid asset is a fixed asset.
liquid asset
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"liquid asset." Kamus.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.kamus.net/english/liquid+asset>.
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