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Liquid asset

An asset in the form of money, or one that can be converted quickly into money.


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  • Liquidate

    [lik-wi-deyt] /ˈlɪk wɪˌdeɪt/ verb (used with object), liquidated, liquidating. 1. to settle or pay (a debt): to liquidate a claim. 2. to reduce (accounts) to order; determine the amount of (indebtedness or damages). 3. to convert (inventory, securities, or other assets) into cash. 4. to get rid of, especially by killing: to liquidate the enemies […]

  • Liquidator

    [lik-wi-dey-ter] /ˈlɪk wɪˌdeɪ tər/ noun 1. a person who assets, especially one authorized to do so by a court of law. 2. an official appointed by a court of law to direct the of a business. /ˈlɪkwɪˌdeɪtə/ noun 1. a person assigned to supervise the liquidation of a business concern and whose legal authorization, rights, […]

  • Liquidation

    [lik-wi-dey-shuh n] /ˌlɪk wɪˈdeɪ ʃən/ noun 1. the process of realizing upon assets and of discharging liabilities in concluding the affairs of a business, estate, etc. 2. the process of converting securities or commodities into cash. 3. the state of being : an estate in liquidation. /ˌlɪkwɪˈdeɪʃən/ noun 1. 2. destruction; elimination n. 1570s, noun […]

  • Liquid-compass

    noun, Navigation. 1. .

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