Full Text

liquidity

John O'Connell


Subject Business and Management » International Management


Extract

This term is associated with two meanings: (1) The ability of an organization to convert its assets into cash. One of the measures of the ability of a firm to respond to current cash needs is its liquidity position. (2) In international monetary dealings, the amount of transferable currency available to a particular country to meet balance of payments needs. The more currency held in reserve the greater the ability of a country to satisfy any temporary imbalances in its balance of payments accounts. ... log in or subscribe to read full text

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The Blackwell Encyclopedia of Management



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