liquid asset
Readily available funds
A liquid asset is something of value that can be quickly converted to cash without significant loss.
Bank accounts and publicly traded stocks are highly liquid; real estate and collectibles are not.
We keep enough liquid assets to cover six months of expenses.
The term contrasts with assets that are tied up or illiquid.
- cashReady spending funds
- savings accountInterest-bearing bank holding
- moneyCurrency for transactions
- easy moneyProfit gained effortlessly
- money in the bankReliable financial reserves
currency · financial · solvency · cold cash · cash on hand · marketability · bond · fungibility · current account · bank balance · rainy day fund · financial cushion · spot cash · cryptocurrencies · M2 · debit card · money market fund · working capital
liquid assetfixed asset
Long-term business property
real estate · real property · property · capital asset · long-term investment
liquid assetreal estate
Land and its structures
land · physical property · buildings · machinery · equipment
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