liquid asset

Cultural  

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

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Example Sentences

The dollar, seen as a highly liquid asset owing to it being readily available and exchangeable, is seen also as a leading safe haven investment.

From Barron's

But business owners like Hudson believe the cards remain a "liquid asset", which mean they can easily be turned into cash at full-market price.

From BBC

That would amount to trading one liquid asset for another.

From Barron's

Same logic can be applied for the Fed that’s swapping T-bills for cash—trading one liquid asset for another.

From Barron's

Same logic can be applied for the Fed that’s swapping T-bills for cash—trading one liquid asset for another.

From Barron's