Likvideszközök

Likvideszközök, a Hungarian term, translates to "liquid assets" in English. It refers to assets that can be quickly and easily converted into cash with minimal loss of value. These are typically short-term financial resources that are readily available for immediate use.

Common examples of likvideszközök include cash on hand, funds held in checking accounts, savings accounts, and money market accounts. Highly liquid short-term investments, such as certificates of deposit (CDs) with short maturities or readily marketable government bonds, can also be considered. The key characteristic is their accessibility and stability of value when converted to cash.

Companies utilize likvideszközök to meet their short-term obligations, such as payroll, supplier payments, and unexpected expenses. For individuals, these assets provide a financial cushion for emergencies and everyday spending needs. Maintaining an adequate level of liquid assets is crucial for financial stability and operational efficiency.

The degree of liquidity can vary. While cash is the most liquid asset, checking accounts are also considered highly liquid. The ease of conversion into cash and the potential for value loss are the primary determinants of an asset's liquidity. Illiquid assets, conversely, cannot be easily converted into cash without significant delays or substantial price reductions.