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Igoryamba
3 years ago
7

The term liquidity refers to

SAT
1 answer:
Bumek [7]3 years ago
4 0

The term "liquidity" refers to how quickly money can be accessed or exchanged.

"Liquid" assets are those that flow freely. If a person or organization has certain amounts of cash on hand, those dollars are liquid and readily can be exchanged for assets or use to pay debts or make purchases. Liquid assets are investments or items that can quickly be exchanged for cash, converted into money that can be used to pay debts or make purchases.

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