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CARD 3 OF 3

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The ease and speed with which an asset can be traded or converted to money without a substantial loss in value.

noun

Reveal word and examples

liquidity

The report considered both the collection's estimated value and its limited liquidity.
Dictionary practice example.
The imagined asset's liquidity depended on whether it could be sold promptly without a substantial reduction in value.
From What a Later Reward Is Worth.
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