View our full Glossary of accounting & payroll terms Visit full glossary Glossary definition What are liquid assets? Liquid assets are cash, or assets that can be easily and quickly converted into cash, such as shares. Recommended Next Read April 30, 2024 How to budget for AI adoption: Tips for CFOs Related topics Business finances Search Search for: See this term in action 26 April, 2024 4 min read What is revenue and how to calculate it 25 April, 2024 4 min read Cost of goods sold: What is it and how to calculate it? 25 April, 2024 4 min read AI for family offices: How to work smarter Learn more about this definition and others Featured reading 11 March, 2024 11 min read Spring Budget 2024: What the announcements mean for your business 7 December, 2023 11 min read HR trends in 2024: Everything HR leaders need to know 22 December, 2023 17 min read The top 14 finance trends in 2024: Everything CFOs need to know Popular termsWhat is global human resources management?What is a nominal account?What is a nominal ledger?What is a P32?