Likvidnost

Likvidnost refers to the ease with which an asset can be converted into cash without significantly affecting its market price. It is a crucial concept in finance and economics, impacting individuals, businesses, and financial markets. High liquidity means an asset can be sold quickly and at its true market value. Conversely, low liquidity indicates that selling the asset might take time or require accepting a price below its intrinsic worth.

In the context of financial markets, liquidity describes the extent to which a market allows for large transactions without causing substantial price fluctuations. Highly liquid markets, such as major stock exchanges, facilitate easy buying and selling. Illiquid markets, on the other hand, might experience significant price drops or gains even with relatively small trades.

For businesses, liquidity is vital for meeting short-term obligations, such as payroll and supplier payments. A company with strong liquidity can easily access funds when needed. Investors consider liquidity when evaluating assets, as it affects their ability to enter and exit positions efficiently. Assets like cash and publicly traded stocks are generally considered highly liquid, while real estate or private equity investments are typically less liquid. Understanding liquidity helps in making informed financial decisions and managing risk effectively.