liquid asset

Cultural Dictionary

liquid asset definition


An asset in the form of money, or one that can be converted quickly into money.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Liquid asset is always a great word to know.
So is slumgullion. Does it mean:
a chattering or flighty, light-headed person.
a stew of meat, vegetables, potatoes, etc.
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