Phonetics was studied by 4th century BCE, and possibly a early as the 6th century BCE, in the Indian subcontinent, with PÄá¹ini's account of the place and manner of articulation of consonants in his treatise on Sanskrit.
Examples of Liquid Assets. Cash and savings accounts are the most common type of liquid asset owned by people and businesses alike, but other assets considered to be liquid, are those that are established on the market and can be transferred between owners easily. Examples of liquid assets include: Certifications of deposit.
Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. One can classify assets into two major asset classes: tangible assets and intangible assets.