which of the following is the most liquid asset?

Myschool Amos

10 years ago

An asset is said to be liquid if it is easy to sell or convert into cash without any loss in its value. Definition: An asset is said to be liquid if it is easy to sell or convert into cash without any loss in its value. By definition, bank notes and checking accounts are the most liquid assets.



Source:economictimes.indiatimes.com/definition/liquid-asset

Emmywiz

10 years ago

please how is bank deposits a most liquid asset because I thought of silver