Liquid Asset
What is Liquid Asset ?
A liquid asset refers to an asset that can be easily converted into cash without incurring significant transaction costs or loss of value. In other words, a liquid asset is an asset that can be bought or sold quickly in the market with minimal price impact.
What Are Some Examples of Liquid Assets?
Examples of liquid assets include cash, government bonds, stocks of publicly-traded companies with high trading volumes, and mutual funds. These assets are considered liquid because they can be easily bought or sold in the financial markets, and there is a high demand for them.
HighRadius’ Autonomous Accounting Software is a good choice if you are looking to automate your finance & accounting operations.