Which of these refer to the ease with which an asset can be converted into cash?

Question

Quizplus · Accepted Answer

Liquidity is a measure of how quickly an asset can be converted into cash without impacting its market value. Direct transfer refers to the transfer of ownership without the use of an intermediary like a broker or an exchange. Primary market is where new securities are issued and sold to the public for the first time. Secondary market is where already issued securities are bought and sold among investors.

Which of These Refer to the Ease with Which an Asset