liquid investments

An investment that one has direct access to, either the ability to buy or sell the investment or the ability to access and withdraw funds (such as a savings account). It is called liquid investments

Absorption Costing Definition

Abida Rehman Accounting Definitions, Cost Accounting

Absorption Costing Definition: Cash equivalents are short-term, highly liquid investments such as treasury bills, commercial paper, and money market funds that are made solely for the purpose of generating a return on funds that are temporarily idle.