The ease with which assets can be converted to cash for transactions is called

Name: The ease with which assets can be converted to cash for transactions is called
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The ease with which assets can be converted to cash is called liquidity. It refers to how quickly and easily an asset can be turned into cash for use in transactions. It is an important characteristic of assets because it affects their value and usefulness in a variety of situations.

The Ease with Which Assets Can Be Converted to Cash