Meaning of “liquid asset” in the English Dictionary

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"liquid asset" in Business English

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liquid assetnoun [ C ]

uk us

ACCOUNTING, FINANCE cash, or an investment or something valuable that can be easily sold:

She has very few liquid assets as most of her wealth is tied up in stocks and shares.
Treasury bills are held as liquid assets.

(Definition of “liquid asset” from the Cambridge Business English Dictionary © Cambridge University Press)