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what can you consider liquid assets

Resolved Question:

what can you consider liquid assets

Submitted: 3 years ago.
Category: General
Expert:  Debra Thal (username) replied 3 years ago.

Generally liquid assets are assets that can be sold quite quickly and at little cost. They are assets that are readily available for use.

Some examples are things like cash, sometimes precious metals, demand promissory notes, accounts receivables, etc

Basically, it's cash or anything that can be quickly converted to cash with little loss in value through the conversion.

Let me know if you need further clarification.

Debra Thal (username), Consultant
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