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.
Money in our bank account is an asset. It's a very liquid asset because we can spend it right now. A building we own is an asset too because it has value - but it's not very liquid. We'd have to sell it (or borrow money against it) in order to use the value to spend it. But we still own it - so it's an asset. Money other people owe us is an asset. The more likely they are to pay us, the better the asset. It's not liquid either because we can't spend money we didn't get yet. Some assets decline in value over time - like your car. The more you drive it, the less it's worth.