Liquid assets are financial assets that can be quickly and easily converted into cash with little or no impact on their market value. For a commercial bank, liquid assets are important because they allow the bank to meet its short-term obligations, such as withdrawals by depositors or payments to other banks, without having to sell its long-term investments at a loss.
Financial Markets - Concentration Knowledge Retrieval Quiz
Quizzes & Activities
Zimbabwe's cash cows
18th April 2017