This is the ease with which an asset can be converted into cash.

Question

Quizplus · Accepted Answer

Liquidity is the ease with which an asset can be converted into cash. Direct transfer refers to the process of transferring funds from one account to another without the use of intermediaries. Primary market is a market where new securities are issued and sold to the public for the first time while secondary market is a market where securities are traded among investors after they have been issued in the primary market. Neither primary nor secondary market relates to the ease of conversion of an asset into cash.

This Is the Ease with Which an Asset Can Be