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What is Liquid Assets?

I mean when people say they have liquid assets what are they taking about?

Answer Question
 
mamaofficer

Asked by mamaofficer at 6:12 PM on Aug. 22, 2010 in Money & Work

Level 31 (50,120 Credits)
Answers (8)
  • cash & any bank accounts that can be accessed immediately
    DarkFaery131

    Answer by DarkFaery131 at 6:14 PM on Aug. 22, 2010

  • Any money that can be accessed immediately, so bank accounts usually.
    slw123

    Answer by slw123 at 6:15 PM on Aug. 22, 2010

  • Liquid assets certainly include cash accounts, but they als0 include investments that can be "liquidated" quickly for cash as well
    2boimommy

    Answer by 2boimommy at 6:37 PM on Aug. 22, 2010

  • What is not liquid is assets such as houses, boats, businesses. Things that would take a while to turn into cash.
    tootoobusy

    Answer by tootoobusy at 7:29 PM on Aug. 22, 2010

  • Liquid Assets -- Cash, checks and easily-convertible securities available to meet immediate and emergency needs.

    musicmom08

    Answer by musicmom08 at 7:58 PM on Aug. 22, 2010

  • Anything that can be easily converted into cash.
    beckcorc

    Answer by beckcorc at 10:42 PM on Aug. 22, 2010

  • Accounts or securities that can be easily be converted to cash with little or no change in value (i.e. cash, bank accounts, money market mutual funds, CDs, US Treasury bills). Actively traded stocks, bonds, and mutual funds are liquid in the sense that they easily sell but their price is not guaranteed.
    FootballMom85

    Answer by FootballMom85 at 9:14 AM on Aug. 23, 2010

  • I just think of it as easily accessible money.
    Erica_Smerica

    Answer by Erica_Smerica at 12:06 PM on Aug. 23, 2010

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