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LSDefine

Simple English definitions for legal terms

liquid asset

Read a random definition: Vendor

A quick definition of liquid asset:

Liquid asset: A liquid asset is something that can be easily turned into cash, like money in a bank account or stocks that can be sold quickly. This is different from things like houses or cars, which take longer to sell and might not be worth as much when they are sold. Companies need to have enough liquid assets to pay their bills and other short-term expenses. They can figure out how much they have by comparing their liquid assets to their current debts.

A more thorough explanation:

Definition: Liquid assets are assets that can be easily and quickly converted into cash. These include cash on hand, cash in bank deposits, stocks, bonds, and certificates of deposit.

Examples:

  • Cash on hand
  • Cash in bank deposits
  • Stocks
  • Bonds
  • Certificates of deposit

Explanation:

These examples illustrate how liquid assets are assets that can be easily converted into cash. For example, if you have stocks, you can sell them quickly and get cash in return. Similarly, if you have a certificate of deposit, you can withdraw the money without any penalty. These assets are different from non-liquid assets like property or jewelry, which can take longer to sell and may lose value in the sale.

Companies also need to keep a certain amount of liquid assets to meet short-term obligations. They can measure their liquidity by comparing the amount of liquid assets with the amount of current liabilities.

liquefied natural gas rates | liquidate

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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