InvestorQ : which among the following is considered to be the most liquid asset
suvarna sanjay chondhe made post

which among the following is considered to be the most liquid asset

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Roshni Hegde answered.
8 months ago
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Any asset which is easy to sell or convert into cash without any loss in its value is termed to be a liquid asset. By definition, banknotes and checking accounts are the most liquid assets. Liquid asset gives the company easy access to money anytime during an emergency. Cash, bank accounts, and CDs: Cash is ranked to be the most liquid asset of all, others are banking accounts, checkable account, short-term promissory notes, treasury bills and other government bonds.

Through cash, any asset can be purchased or transferred in seconds. Banking sectors consider cash as the most liquid asset hence checking accounts get the name "demand deposit accounts" — the funds can be withdrawn at any time

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