What are liquid assets?
submitted by yashi

Devarajan- Chennai

Liquid Asset = current asset (minus) stocks (minus) prepaid expenses.

prashant

Liquid assets are those which are either in form of cash or can be easily converted into cash such as cash, bills receivable, short term investment debtors, accrued income.

Sagar

A liquid asset is an asset which can be converted into cash in a short time and with or without a minimum loss. It includes accounts receivable, time deposits, demands.
They are also called as quick assets.

chi

Cash, bank balance, stock debtors.

prabhas

They are assets in cash.

Rafaqat

An asset that can be converted into cash quickly and with minimal impact to the price received. Liquid assets are generally regarded in the same light as cash because their prices are relatively stable when they are sold on the open market.

Roblo

When a store is selling off a bunch of their inventory to prepare for closing or moving locations, they "liquidate" their assets, meaning they quickly convert it to cash.

binoy

A liquid asset is an asset which is easily converted into cash.