Liquid Assets


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Liquid Assets

Cash, or property immediately convertible to cash, such as Securities, notes, life insurance policies with cash surrender values, U.S. savings bonds, or an account receivable.

Although the ownership of real property is considered an asset, it is not a liquid asset because it cannot be readily converted into cash upon sale.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
With a 9.5% compound annual growth rate (CAGR) for affluent investors' liquid assets expected over the forecast period, China remains the envy of many of its Asian peers.
Gulf economies will remain resilient to economic slowdown despite global and regional challenges since a combination of such a strong portfolio of liquid assets and low debt levels will ensure their sustainable growth, said a report by Oliver Wyman, the global consultancy firm.
This explains the increase in the ratio of liquid assets. On a year-on-year basis, total liquid assets in banks increased by Dh9.7 billion, an increase of 2.4 per cent.
On the other hand, the method for computing the MLR now converges with the LCR framework as interbank placements are now counted as eligible liquid assets. Moreover, it added the amount of qualifying liabilities has been adjusted through the application of conversion factors to retail current and regular savings deposits worth P500,000 and below and certain liability accounts.
'Commercial banks neither have the expertise to assess repayment capacity of small businesses (not backed by liquid assets) nor have they tried to develop any such model.
According to calculations made by rating agency Fitch based on banks' official data, Tsesnabank's liquid assets fell 30.3 percent in the second quarter, the biggest decline among top 10 Kazakh banks.
This includes $60 billion in liquid assets including investment in foreign and Pakistani listed companies.
The previous PML-N government in April had announced the tax amnesty scheme whose deadline to end was set at June 30th which allowed Pakistani nationals to declare their immovable assets outside the country at a tax rate of 3 percent, liquid assets not repatriated at 5 percent, liquid assets repatriated at 2 percent and for foreign currency accounts a tax of 2 percent will be charged.
"The repatriation of foreign liquid assets would reduce Pakistan's external vulnerability risk, although the positive effect would only last through the end of June 2018, when the amnesty expires.
Several countries have introduced One-time Amnesty Scheme for acceleration in the economic growth through production and utilization of hidden liquid assets in the main stream of the economy.
The stable outlook is based on its expectation that the Saudi authorities will take steps to consolidate public finances and maintain government liquid assets close to 100 per cent of GDP over the next two years.
We use the BankScope measure of liquid assets which includes cash, government bonds, short-term claims on other banks (including certificates of deposit), and where appropriate the trading portfolio.