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Natavisdiamiadf8ire
Natavisdiamiadf8ire Natavisdiamiadf8ire
  • 05-05-2016
  • Business
Answered

The speed and ease by which an asset can be converted into cash is referred to as its risk. liquidity. diversity. safety.

Verified Answer :

taskmasters
taskmasters taskmasters
  • 11-05-2016

The answer to the question stated above is liquidity.

The ease with which an asset can be converted quickly into cash with little or no loss of purchasing power is liquidity.

>>>Money is said to be perfectly liquid, whereas other assets have a lesser degree of liquidity.

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