Math Definitions - Letter L
Chapters
Liquidity
Definition of Liquidity
The liquidity of an asset is a measure of how quickly it can be turned into cash.
Cash is always our most liquid asset. It already is cash!
Bank accounts are also quite liquid. It is (usually) easy to go to a bank and withdraw your money as soon as you need it.
Property and cars are not very liquid assets. To get cash out of them, you need to sell them. This takes time if you want to do it properly. Making a rush sale can result in you not getting as much money for your asset as you should.
Description
The aim of this dictionary is to provide definitions to common mathematical terms. Students learn a new math skill every week at school, sometimes just before they start a new skill, if they want to look at what a specific term means, this is where this dictionary will become handy and a go-to guide for a student
Audience
Year 1 to Year 12 students
Learning Objectives
Learn common math terms starting with letter L
Author: Subject Coach
Added on: 6th Feb 2018
You must be logged in as Student to ask a Question.
None just yet!