2006-12-22 21:03:57 · 8 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Stocks,Bonds,Gold,Copper,Food,Water. These are all liquid assets. They can be converted into cash in a rather quick time. A second car is a liquid asset. So is a second house. A second Mortgage is a liquid asset, but is not considered by many as liquid if they do not have all the paperwork in order that is required to do a Re-Finance.
Anything that is or has a an almost non-negotiable cash value now, is a liquid asset.
2006-12-22 21:16:20 · answer #1 · answered by Anonymous · 0⤊ 1⤋
A liquid asset is an item that can be easily converted to cash. Something like stocks, bonds, possibly a car, etc.
2016-05-23 01:23:50 · answer #2 · answered by ? 4 · 0⤊ 1⤋
liquid means it can be converted to cash or considered as good as cash.
liquid assets include cash (of course) and other short term investment that can be easily converted/sell into cash.
2006-12-22 21:09:05 · answer #3 · answered by SJ 2 · 0⤊ 0⤋
liquid assets are those assets which can easily be turned into cash.these assets at time of contingency can easily b sold or mortgaged and can easily b turned to cash for during financial crisis...........
2006-12-22 21:15:12 · answer #4 · answered by kashish l 1 · 0⤊ 0⤋
Assets that can be converted to CASH very fast, like a car, jewelery, home equity, items or property that are debt FREE.
2006-12-23 04:44:42 · answer #5 · answered by Isabella789 4 · 0⤊ 0⤋
Bob aka Bob and CCM had it exactly right. Cash or things that can be converted to cash quickly, like stocks and bonds.
2006-12-23 03:30:03 · answer #6 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
cash, or other assets that can be converted to cash quickly
2006-12-22 21:06:41 · answer #7 · answered by lefty 4 · 0⤊ 0⤋
Cash or things you can turn into cash fast
2006-12-22 21:09:20 · answer #8 · answered by Myspace/UltraFMonline 2 · 0⤊ 0⤋