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Liquidity

ChatGPT said:

Liquidity refers to how easily an asset can be converted into cash quickly and without significantly affecting its price.
🔹 In Finance
Liquidity describes how fast you can sell something at a fair price.

• High liquidity → Easy to sell quickly (e.g., stocks of large companies like Apple Inc. traded on NASDAQ).
• Low liquidity → Harder to sell quickly without lowering the price (e.g., real estate or rare collectibles).

Cash is the most liquid asset.