LIQUIDITY Definition

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LIQUIDITY is a. a companys ability to meet current obligations with cash or other assets that can be quickly converted to cash; b. in securities, it is the ease with which an instrument can be bought or sold at or near prevailing market prices in the secondary market (often reflected by the range of the bid-asked spread).

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FIXED BOND pays an income stream and redemption payment at maturity that is fixed in monetary terms; however, high inflation will erode the real value of these payments.

SAP is an integrated enterprise resource planning (ERP) system that seamlessly integrates most activities of a company.

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