What is the ability to be used as, or directly converted to, cash called?

History

2 answers:

wolverine [178]3 years ago

5 0

Answer:

The ability to be used as, or directly converted to, of cash is called liquidity.

Explanation:

In accounting, liquidity is the availability of means of payment in very short-term cash, or the immediate availability of cash.

In financial terms, the term indicates the aptitude of an investment to be transformed into money quickly and possibly without losses.

In terms of capital, the term also defines the situation characterized by a considerable availability of cash and/or other means of payment that can be easily and quickly converted into cash.

Westkost [7]3 years ago

3 0

Answer:liquidity

Explanation:

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