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liquid asset
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liquid asset

Their balance sheet shows a precipitous plunge in liquid assets.
  cash or an asset (something of value) that is easily converted into cash
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liquid assets liquid asset
Strongly Associated with:   capital asset
For example, stock in Microsoft is considered liquid because it is easily converted to cash, but equity in one’s home is not considered a liquid asset because such equity is less easily converted to cash.
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  • Their balance sheet shows a precipitous plunge in liquid assets.
  • To encourage JPMorgan to acquire Bear Stearns, the Fed guaranteed $30 billion of Bear’s least liquid assets.
  • Unless you’re worth a fortune—and a large fortune at that—with substantial liquid assets to cover these taxes, you will most likely have to sell a portion of the collection to meet them.
    Nicholas Sparks  --  The Longest Ride
  • There was regular jet service to Petersburg, but the sum of my liquid assets amounted to a 1960 Pontiac Star Chief and two hundred dollars in cash, not even enough for one-way airfare.
    Jon Krakauer  --  Into the Wild

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  • ON THE STAIRS One of the things they had sold to swell their liquid assets a little before moving from Vermont to Colorado was Jack’s collection of two hundred old rock ’n’ roll and r & b albums; they had gone at the yard sale for a dollar apiece.
    Stephen King  --  The Shining
  • forced sale house & improved land plus liquid assets minus children’s share.
    William Faulkner  --  Absalom, Absalom!
  • Three officers reported directly to J. T.: an enforcer (who ensured the gang members’ safety), a treasurer (who watched over the gang’s liquid assets), and a runner (who transported large quantities of drugs and money to and from the supplier).
    Steven D. Levitt & Stephen J. Dubner  --  Freakonomics
  • yearly plus liquid assets plus credit earned.
    William Faulkner  --  Absalom, Absalom!
  • plus liquid assets plus working acquired credit and maybe here with the date too: Daughter and you could maybe even have seen the question mark after it and the other words even: daughter?
    William Faulkner  --  Absalom, Absalom!
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Associated words [difficulty]:   liquid asset [9]
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Most commonly used in these subjects:   Personal Finance, Business, Law
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