LIQUID ASSET
An asset that can be easily converted into cash and with little impact on its value. Also called quick asset, these are considered as cash because its prices are stabilized when sold in the open market.
Liquid assets include accounts receivable, demand and time deposits, and gilt edged securities, among others. In some countries, precious metals (typically gold and silver) are also regarded as liquid assets.
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Equalization Payments
Payment the federal government made to an individual, province, or state to offset monetary imbalances between several parts of the country or indi ...
Seller
In the financial industry, a seller may be one of two things. First, it is an entity that may be an individual or a group that exchanges a product ...
SLL
SLL is the abbreviation for the currency in the Republic of Sierra Leone which is the Sierra Leone leone.
Error Term
Margin of error in a statistical and/or mathematical model created when the model fails to fully depict the actual connection between the independe ...
Treasury Bill - T-Bill
Short-term debt obligation with a maturity of less than one year. Backed by the US government, these debts are sold in denominations from $1,000 up ...
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