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. Related topics Business finances Search Search for: See this term in action 1 October, 2024 6 min read What is financial reporting? 1 October, 2024 7 min read A guide to understanding depreciation 23 September, 2024 7 min read Basis points (BPS) explained: A quick guide for small businesses 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 opening balance?What is a nominal account?What is an invoice payment?What is an internal customer?
