Quick Assets


  • Assets which can be converted into liquid cash quickly without taking a significant loss in the sale.

cash, easily liquidated, releasable assets, quickly redeemed goods, sellable goods, cheques, pawn off


Related Terms and Acronyms

  • Cash Collateral Definition,
    • The proceeds of cash collected from the sale of liquid assets while in bankruptcy.
  • Liquid Assets Definition,
    • Cash and other property that can be converted quickly and easily into cash.
  • Liquidity Definition,
    • The ability to convert assets to cash quickly, without significant losses.
  • Quick Liquidity Ratio Definition,
    • A metric used to find if a company has enough liquidity to make it's short term financial obligations.
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