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.
Vail Pass is a 10,662 feet (3,250 m) high mountain pass in the Rocky Mountains of central Colorado. The pass was named for Charles Vail, a highway engineer.Vail Pass lies on the boundary between Eagle and Summit counties, between Vail on the west and Copper Mountain on the east.he pass was named for Charles Vail, a highway engineer. Vail Pass lies on the boundary between Eagle and Summit counties, between Vail on the west and Copper Mountain on the east.