Definition. An asset that can be converted into cash in a short time, with little or no loss in value. Liquid assets include items such as accounts receivable, demand and time deposits, gilt edged securities.efinition. An asset that can be converted into cash in a short time, with little or no loss in value. Liquid assets include items such as accounts receivable, demand and time deposits, gilt edged securities.
Snoqualmie Pass is a mountain pass that carries Interstate 90 through the Cascade Range in the U.S. State of Washington. The pass summit at an elevation of 3,015 feet (919 m) is on the county line between Kittitas County and King County.
Red Mountain Pass is a high mountain pass at an elevation of 11,018 ft (3,358 m) above the sea level, located in the San Juan Mountains of southwestern Colorado. The pass is traversed by the US 550 (Million Dollar Highway) . At this elevation, the pass is one of the highest paved passes in Colorado.