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Glossary   >   L   >   "Liquid asset" Definition            Liquid asset Asset that is easily and cheaply turned into cash - notably cash itself and short-term securities. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Liquid asset - Asset that is easily and cheaply turned into cash - notably cash itself and short-term securities.