noun assets that can be easily converted into cash
adjective describing the type of assets
Liquid assets refer to assets that can be easily converted into cash, such as stocks, bonds, and savings accounts.
Liquid assets play a key role in measuring the overall economic stability of a country or region.
Liquid assets are typically listed on a company's balance sheet under current assets.
Investors often look at a company's liquid assets to assess its financial health and liquidity.
In the financial industry, writers may use the term 'liquid assets' when discussing investment strategies or financial planning in articles or reports.
Psychologists working in the field of behavioral finance may consider the concept of 'liquid assets' when studying individuals' spending habits and financial decision-making processes.
Accountants often deal with the classification and management of liquid assets as part of their financial reporting and auditing responsibilities.
Financial advisors may recommend clients to maintain a certain level of liquid assets to ensure financial stability and readiness for emergencies or investment opportunities.
Bankers assess customers' liquid assets when determining creditworthiness for loans or other financial services.