liquidity

Definition

The ability of an asset to be converted into cash quickly and without any price discount.

Use liquidity in a sentence

You should always know what assets you can unload quickly if you want to get some quick liquidity for your company.

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The liquidity of the firm was excellent as they realized the value of having money available immediately for emergencies and other uses.

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My boss believes in keeping some cash reserves available to our firm to allow us to have some liquidity we can tap when times are tough.

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