LIQUID Definition

Bookmark and Share

LIQUID is to be in a state of liquidity, i.e., maintain sufficient assets in the form of cash or assets easily convertible to cash to satisfy current liabilities. When speaking of money or an economy: being very liquid means it is driven by primarily by cash, checking/saving accounts, treasury bills, stocks and bonds, etc; while being very illiquid means it is driven primarily by human capital.

Learn new Accounting Terms

TOTAL ASSETS is the total of all assets; both current and fixed.

ATM see AUTOMATED/AUTOMATIC TELLER MACHINE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.