The liquid assets
Example: Liquid assets can be quickly converted into cash without loss
Definition
"The liquid assets" refers to financial resources or assets that can be quickly and easily converted into cash without significant loss of value, such as cash itself, bank accounts, and marketable securities. These assets are essential for meeting immediate financial obligations.
Etymology
The phrase "the liquid assets" combines 'liquid,' derived from the Latin 'liquidus,' meaning flowing or fluid, and 'assets,' from Old French 'asez,' meaning enough or sufficient property. In finance, 'liquid' metaphorically represents the ease of converting assets into cash, emphasizing their fluidity in financial transactions.
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"The liquid assets" appears in the Vocaplus list "English - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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