liquid assets

/ˈlɪkwɪd ˈæsɛts/

noun

  1. Assets that can be quickly and easily converted into cash without significant loss of value.

    B2

    plural noun

    • "Cash and savings are liquid assets."B1
    • "The company has enough liquid assets to pay its short-term debts."B2
    • "Unlike property, liquid assets can usually be sold quickly when an investor needs access to cash."C1
    • "In times of financial difficulty, it's important to have liquid assets to cover unexpected expenses."B2

Collocations

hold liquid assetsliquid assets ratioshort-term liquid assets

Word family

liquidliquidityliquidateasset