A liquid asset is one that can be spent at any time, such as cash.
Related Fool Articles
Recent Mentions on Fool.com
- American Tower Corp Earnings: Unstoppable Mobil Growth Pushes Cashflow Higher
- Is WisdomTree Investments Inc. Finally Poised for a Turnaround?
- Is AutoZone Inc. Wasting Billions With Its Buybacks?
- Top Franchises: Investing in Ruth's Hospitality
- Do Like These Companies: Keep a Cool Head and Profit
- The 3 Most Important IRA Rules