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Liquid asset

• Asset that is easily and cheaply turned into cash - notably cash itself and short-term securities.

 
 

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 Asset
Cash
Securities
 
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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

It is not good enough to have a good mind; the main thing is to use it well. - Rene Descartes

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