Liquidity is how easily you can convert something you own into cash. If something is very liquid, like money in a bank, you can use it right away. If it’s not very liquid, like real estate, it might take time to sell and get cash.
Liquidity is how easily you can convert something you own into cash. If something is very liquid, like money in a bank, you can use it right away. If it’s not very liquid, like real estate, it might take time to sell and get cash.