Liquidity

Cash Management

 Liquidity is a fundamental concept in the financial industry and is generally understood as the ability to buy or sell an asset quickly, at a reasonable price, without causing a significant change in its market price.

Instruments mentioned in this section are considered liquid and that a consumer can get their hands on without incurring material losses.

Cash

Funds in any interest or non-interest bearing accounts.

Money Market

Higher yielding accounts held in a bank, credit union, thrift or other financial institution.

Checking Accounts

Cash on hand.

Savings

Savings on hand.

CD's

A penalty may be incurred or interest earned forgiven for early withdrawal prior to term expiration.

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