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liquid asset ratio
liq·uid as·set ra·tio (plural liq·uid as·set ra·tios)


noun 
Definition:
 
convertible proportion of bank's assets: the proportion of total assets readily convertible into cash that a clearing bank must maintain in order to repay deposits on demand
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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