The measure of how easily a particular asset can quickly be converted to cash without much loss of value is called:
A) liquidity.
B) risk.
C) intermediation.
D) default line.

Question

Quizplus · Accepted Answer

The measure of how easily an asset can be converted to cash is known as liquidity. An asset that can be quickly sold without a significant drop in its value is considered highly liquid.

The Measure of How Easily a Particular Asset Can Quickly