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 pass has a gradual rise from its southern approach of 1,362 feet (415 m) at Santa Clarita, but a precipitous descent through Grapevine Canyon toward the San Joaquin Valley on the north, where it ends at Grapevine at 1,499 feet (457 m).