Business Loans Glossary: Liquidity

Business Loans Glossary: Liquidity

The ability to convert assets into cash (or cash equivalent) without significant loss. If a business has good liquidity they will be able to meet their maturing obligations promptly, earn trade discounts, benefit from a good credit rating, etc.





Other terms explained in the Business Loans Glossary
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Main Page Article Id: 95 - Version: 3 - Created: 25-02-2008 - Last Updated: 26-03-2008 - Hits: 391   
Categories: Glossary

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