liquidity
How easily can you convert an asset into spendable cash?© qingwa/stock.adobe.com, © poplasen/stock.adobe.com, © Stillfx/stock.adobe.com, © Ozgur Guvenc/stock.adobe.com, © Chirawan/stock.adobe.com, © Satakorn/stock.adobe.com, © Maharketing/stock.adobe.com; Photo illustration Encyclopædia Britannica, Inc Key People:Bengt HolmströmLiquidity is the ease with which you can convert a non-cash asset (such as a stock, bond, home, collectible, or business) into cash to pay for goods and...