Liquid Assets
Financial glossary definition
Definition
Assets that can be quickly and easily converted to cash without significant loss of value. Examples include savings accounts, money market funds, and publicly traded stocks. Real estate and retirement accounts are generally illiquid.
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Related Terms
Asset
Anything of monetary value that you own, including cash, investments, real estate, vehicles, and per…
Equity
The portion of an asset that you truly own — the difference between its market value and any outstan…
Liability
Any financial obligation or debt you owe, including mortgages, car loans, student loans, credit card…
Net Worth
The total value of everything you own (assets) minus everything you owe (liabilities). Net worth is …