Yes, they enjoyed the boom as the leverage built up, but now what do you do when faced with demands for liquidity, and precious
little liquid assets to deliver?
Not exact matches
-
Liquid assets are those
assets, which can be turned into cash quickly with
little or no loss of value.
After all, the company has
little in the way of
liquid assets at present.
Liquid assets must be set aside to meet the amount of funds that may be withdrawn immediately with
little or no penalty.
However, in some simple estates, where the
assets are all in
liquid form, such as T - Bills or GICs and
little else is required to administer the estate, a Court may decide that an Estate Trustee During Litigation is not necessary.