A liquid asset is one that can be spent at any time, such as cash.
Related Fool Articles
Recent Mentions on Fool.com
- What Happens to Best Buy If RadioShack Goes Under?
- Is Blackstone Proving Regulators Wrong on Housing?
- The 1 Best Dividend Investment for Natural Gas
- BreitBurn Energy Partners, L.P. Makes Its Biggest Deal Yet
- The 3 Best Ways to Get Rich From Canada's Oil Boom
- Despite What Analysts Say, Wal-Mart Is NOT Sears!