Register
A liquid asset is one that is easy to cash in. What is the most liquid asset? Which is more liquid, a savings account or a loan to a business?
181k views
5 votes
A liquid asset is one that is easy to cash in.

What is the most liquid asset?
Which is more liquid, a savings account or a loan to a business?

User Heleen
by
6.1k points

2 Answers

2 votes
Cash on hand is considered the most liquid type of liquid asset since it is cash itself.
User Iwtu
by
7.5k points
6 votes
Cash on hand is the most liquid asset. Money in a savings account is a popular liquid asset and is very easy to withdraw and more liquid than a loan to a business.
User Roldugin
by
6.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.5m questions

10.1m answers

Other Questions

Who was Adam Smith ? Anybody?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!