Liquid Asset definition

Liquid Asset means cash & bank balance and fixed deposits in the name of the bidder as certified by a Chartered Accountant on the date not more than one month before the issuance of the tender.”

Liquid Asset means an asset, other than functional currency or funds held in bank accounts, held to provide a relatively immediate source of funds to satisfy the liquidity needs of the trade or business. "Liquid assets" include:

Liquid Asset means an asset that can be converted into cash in a short time, with little or no loss in value. Examples include: checking accounts, saving accounts, insurance policies (cash value), stocks, CD's, mutual fund accounts, and 401K's/IRA's (minimum retirement age must be reached to be considered liquid).

Examples of Liquid Asset in a sentence

• Furthermore, we understand that, according to your conditions, the Tenderer’s Financial Capacity i.e. Liquid Asset must be substantiated by a Letter of Commitment of Bank’s Undertaking for Line of Credit.

• Furthermore, we understand that, according to your conditions, the Tenderer’s Financial Capacityi.e. Liquid Asset must be substantiated by a Letter of Commitment of Bank’s Undertaking for Line of Credit.

• One of the pooled investment funds utilized by the District is the Michigan Investment Liquid Asset Fund (MILAF).

• Furthermore, we understand that, according to your conditions, the Tenderer‟s Financial Capacity i.e. Liquid Asset must be substantiated by a Letter of Commitment of Bank‟s Undertaking for Line of Credit.

• This prohibition also does not apply to transactions in the(1) The SEI Family of Funds includes the following Trusts: SEI Asset Allocation Trust, SEI Daily Income Trust, SEI Index Funds, SEI Institutional International Trust, SEI Institutional Investments Trust, SEI Institutional Managed Trust, SEI Liquid Asset Trust and SEI Tax Exempt Trust.

More Definitions of Liquid Asset

Liquid Asset means any of the following, but only to the extent owned individually, free of all security interests, liens, pledges, charges or any other encumbrance: (a) cash, (b) certificates of deposit (with a maturity of two years or less) issued by, or savings account with, any bank or other financial institution reasonably acceptable to Lender or (c) marketable securities listed on a national or international exchange reasonably acceptable to Lender, marked to market.

Liquid Asset means cash or another financial instrument that is readily convertible to cash.

Liquid Asset means any of the following, but only to the extent owned individually, free of all security interests, liens, pledges, charges or any other encumbrance: (a) cash, (b) certificates of deposit (with a maturity of two years or less) issued by, or savings account with, any bank or other financial institution reasonably acceptable to Lender, (c) marketable securities listed on a national or international exchange reasonably acceptable to Lender, marked to market, or (d) solely with respect to Ionis, such securities or other liquid assets acquired by Ionis pursuant to the terms of that certain Investment Policy Guidelines provided to Lender prior to the date hereof and attached hereto as Schedule 1.1(B), as may be updated from time to time, subject to Lender’s reasonable approval (not to be unreasonably withheld, conditioned or delayed).

Liquid Asset means any of the following, but only to the extent owned individually, free of security interests, liens, pledges, charges or any other encumbrance: (a) cash, (b) certificates of deposit (with a maturity of two years or less) issued by, or savings account with, any bank or other financial institution reasonably acceptable to County, or (c) marketable securities listed on a national or international exchange, marked to market; and “Net Worth” shall mean, as of a given date, (x) Transferee’s total assets as of such date less (y) Transferee’s total liabilities (taking into consideration contingent liabilities) as of such date, determined in accordance with generally accepted accounting principles, consistently applied.

Liquid Asset means, for the financial assistance programs, cash and any other personal property that can be quickly converted to cash. Examples are bank ac- counts, bonds, and stocks. For the food stamp program, "liquid asset" means cash and other assets excluding personal property that can be quickly converted to cash including, but not limited to, bank accounts, stocks, bonds, and lump sum payments.

Liquid Asset means cash or another financial instrument which is readily convertible to cash.

Liquid Asset means cash and any other personal property that can be quickly converted to cash.