likuiditeti

Liquidity refers to the ease with which an asset can be converted into cash without affecting its market price. In financial markets, high liquidity means that an asset can be bought or sold quickly and in large quantities without causing significant price fluctuations. Conversely, illiquid assets are difficult to sell quickly without accepting a substantial discount.

The concept of liquidity is crucial for individuals, businesses, and entire economies. For businesses, maintaining adequate liquidity is essential to meet short-term obligations, such as paying salaries, suppliers, and debt. A lack of liquidity can lead to financial distress or even bankruptcy, even if the company is otherwise profitable. For investors, liquidity is important for managing portfolios, as it allows them to adjust their holdings based on changing market conditions or personal needs.

In banking, liquidity refers to a bank's ability to meet its withdrawal demands and other short-term liabilities. Central banks often manage liquidity in the economy by adjusting interest rates or through open market operations to ensure financial stability. Market liquidity, on the other hand, describes the depth and breadth of trading in a particular market. A liquid market is characterized by a high volume of transactions and a narrow bid-ask spread, indicating that buyers and sellers can readily find each other. The presence of liquidity is a key indicator of a healthy and efficient financial system.