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What are liquid assets and are there any solid assets?

April 26, 2017assets liquid solid

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What are liquid assets and are there any solid assets?

1 Answer

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10 Posted

A liquid asset has some or more of the following features. It can be sold (1) rapidly, (2) with minimum loss of value, (3) anytime within market hours. It can also refer to cash, which is considered the most “liquid” of assets.