noun
assets in the form of cash (or easily convertible into cash)
• Syn: ↑current assets, ↑quick assets
• Usage Domain: ↑plural, ↑plural form
• Hypernyms: ↑assets
• Member Holonyms: ↑capital, ↑working capital
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liquid assets plural noun (finance)
Assets which are already, or may be easily converted into, cash, such as shares, bank deposits, etc
• • •
Main Entry: ↑liquid
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the money that a company has, and anything else that can easily be sold in order to get money
Useful english dictionary. 2012.