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What is the best liquid asset you could have?

Updated: 12/10/2022

Wiki User

∙ 16y ago

Best Answer

Cash backed by gold. Such as Swiss Francs.

Wiki User

∙ 16y ago

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Related questions

Is land a liquid or non liquid asset?

is land a liquid asset

Are sundry debtors a liquid asset?

liquid asset

Which is the least liquid asset?

inventory is our least liquid asset.

Is a fishing permit a non-liquid asset or liquid asset?

It is a non-liquid asset. It can not be traded or converted into currency. It is non-transferable and therefor non-liquid.

What is least liquid current asset?

The least liquid asset that most people have is their house.

What is the difference between current asset and liquid asset?

liquid asset can be converted into cash within a very short span of time...

Is a loan a liquid or illiquid asset?

liquid assets

Is a house a liquid asset?

no

Which of these is the most liquid asset?

The least liquid asset that most people have is their house.

Why is cash an asset?

Balance sheet is always maintained as most liquid asset at the top, so as the cash is the most liquid asset of business that;s why it is shown right at the top before all other less liquid assets.

Is a car a liquid asset?

A liquid asset is cash or something that can be quickly converted into cash. A car is generally not considered a liquid asset. The reason for this is because it can take some time to sell a car in order to obtain cash.

Which is the more liquid asset?

money

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