Definition of Liquidity
Posted by Warren Peterson on January 29, 2009
In these perilous economic times, one needs to be familar with financial terms. Todays lesson is the definition of liquidity.
LIQUIDITY
Definition: Liquidity is when you look at your retirement funds and wet your pants!
Fred Churchill said
More financial terms:
Recession – The family saves the dinner leftovers instead of feeding them to the dog.
Depression – The family eats the dog.