Liquid Resource definition

Liquid Resource means cash or those assets that may readily be converted to cash, such as a life insurance policy that has a cash value, stock certificates, or a guaranteed line of credit from a financial institution.
Liquid Resource means cash or property immediately convertible to cash.
Liquid Resource means cash or those assets that can readily be converted to cash, i.e., a life insurance policy that has a cash value or stock certificates.

Examples of Liquid Resource in a sentence

  • Liquid Resource" means cash or those assets that can readily be converted tocash, i.e., such as a life insurance policy that has a cash value or stock certificates., or a guaranteed line of credit from a financial institution.


More Definitions of Liquid Resource

Liquid Resource or “Liquid Asset” means cash or other property which can be converted to cash within twenty (20) business days. Examples of a liquid resource include, but are not limited to:
Liquid Resource means cash or those assets that can readily be converted to
Liquid Resource means cash or property immediately convertible to cash. (49)(50) "Lump-sum" means a non-recurring payment received in a single amount,