If your wealth is held as currency or in checking accounts, or other assets that you can convert to money on short notice, your assets are considered to be
A) abundant.
B) fast moving.
C) interest bearing.
D) liquid.

Question

Quizplus · Accepted Answer

Assets that can be easily converted to cash or money are considered to be liquid. This includes currency, checking accounts, and other quickly marketable assets. Having liquid assets provides financial flexibility and the ability to quickly access funds when needed.

If Your Wealth Is Held as Currency or in Checking