B
bdcd1
Member
Are the definitions below okay?
Marketability - the time taken for a buyer to be found and asset to be sold.
Liquidity - the time taken for the seller to receive cash after the asset has been sold.
For example - a current account with a bank is a highly liquid asset as cash can be easily withdrawn from it. However, it is not marketable as it cannot be sold to another person.
Marketability - the time taken for a buyer to be found and asset to be sold.
Liquidity - the time taken for the seller to receive cash after the asset has been sold.
For example - a current account with a bank is a highly liquid asset as cash can be easily withdrawn from it. However, it is not marketable as it cannot be sold to another person.