What is the Definition of Liquidity?

What is the Definition of Liquidity?

The ability and speed with which a security can be converted into cash.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Liquidity?

What is the Definition of Liquidity?

You can find random definition and meaning of insurance terms below:


Meaning of Defined Benefit Plan in Insurance Terms

A retirement plan under which pension benefits are fixed in advance by a formula based generally on years of service to the company multiplied by a specific percentage of wages, usually average earnings over that period or highest average earnings over the final years with the company.


Meaning of Defined Contribution Plan in Insurance Terms

An employee benefit plan under which the employer sets up benefit accounts and contributions are made to it by the employer and by the employee. The employer usually matches the employee’s contribution up to a stated limit.


Meaning of Demand Deposit in Insurance Terms

Customer assets that are held in a checking account. Funds can be readily withdrawn by check, “on demand.”


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