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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
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2 Answers

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Cash on hand is considered the most liquid type of liquid asset since it is cash itself.
User Iwtu
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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
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