Unless otherwise defined, the comparative ability to convert an asset quickly into cash. Money has the highest degree of liquidity. This is because cash does not need to be converted into anything in order to make purchases. – See degree of liquidity, liquidity, liquidity buffer, payment.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/