liquid asset

Definition of "liquid asset"
  1. Any personal or business property that can be turned into cash swiftly and effortlessly, like bank accounts, stocks, or accounts receivable
How to use "liquid asset" in a sentence
  1. He decided to invest more in liquid assets to prepare for unexpected expenses.
  2. Their company's liquid assets helped them survive the financial crisis.
  3. Having a decent amount of liquid assets is a good sign of financial health.

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