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 Hagerman Pass is a high mountain pass, at an elevation of 11,939 ft (3,639 m) above the sea level, located near Leadville, Colorado, in USA. The pass crosses the continental divide in the Rocky Mountains of central Colorado in the United States.