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Liquidity
Liquidity is how easily an asset can be converted to cash without major loss or delay.
Cash and liquid funds are generally more liquid than property or long lock-in products.
Financial crises repeatedly showed why accessible cash can be as important as returns.
Definition
Liquidity is how easily an asset can be converted to cash without major loss or delay.
Case Study
Cash and liquid funds are generally more liquid than property or long lock-in products.
Historical Reference
Financial crises repeatedly showed why accessible cash can be as important as returns.
Illustration
