Money is the most liquid asset.

Question

State with the reasons whether you agree or disagree with the following statements:

Money is the most liquid asset.

Answer 1

Yes, I agree with the statement. 

• Money is the most liquid asset because it is generally acceptable.
•  It is a 100% liquid asset in the sense that it can be converted into any type of asset with no loss in its value
• Money helps to transfer immovable properties like land by selling it at one place and purchasing similar property at another place or from one person to another without any difficulty. 
• In other words, it makes illiquid assets like land, buildings, etc., into liquid assets.
•  Money as a store of value is also the most liquid asset, as compared to other assets like diamonds, houses, land, etc.