Marketable securities
Securities which are easy to sell on short notice in any time is called Marketable Securities.
According to L.J. Gitman, “Marketable securities are short-term, interest earning, money market instruments that easily be converted into cash.”
According to Besely and Brigham, “Securities that can be sold on short notice without loss of principal or original investment.”
Marketable securities are the low-risk securities with short maturities.
Category: Banking & Finance, Contemporary Business
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