Question

A liquid asset is one that is easy to cash in.
What is the most liquid asset?
Which is more liquid, a savings account or a loan to a business?

Answer 1

Cash on hand is the most liquid asset. Money in a savings account is a popular liquid asset and is very easy to withdraw and more liquid than a loan to a business.

Answer 2

Cash on hand is considered the most liquid type of liquid asset since it is cash itself.