In business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price.
This old building for sale in Cheshire, England, has relatively low liquidity. It could be sold in a matter of days at a low price, but it could take several years to find a buyer who is willing to pay a reasonable price.
Stock exchanges promote liquidity by accepting competitive bids from buyers. (Toronto Stock Exchange, 1910)
Cash is money in the tangible form of currency, such as banknotes and coins.
Market liquidity
…price. In a relatively illiquid market, an asset must be discounted in order to sell quickly. A liquid asset is an asset which can be converted into cash within a relatively short period of time, or cash itself, which can be considered the most liquid asset because it can be exchanged for goods and…
Banknotes and coins of various currencies
Traditional holed Chinese coinage is also known as cash.
Credit cards are used for cashless payments. With a credit card, the credit card company grants a line of credit to the card holder. The card holder can make purchases from merchants, and borrow the money for these purchases from the credit card company.