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.
The base elevation of White Pass is at 4,500 feet (1,370 m) above sea level, with a lift-served summit at 6,500 feet (1,980 m), yielding a vertical drop of 2,000 feet (610 m). Located on the south side of the east-west highway, the slopes primarily face north.