Liquid Asset. A liquid asset is either cash or something that a business can quickly and easily convert into cash, such as checks and certain types of securities.hysical State. Another definition of non-liquid inventory may be a reference to an item's physical state. For instance, a product that is a solid or a gas, by definition, is not a liquid. Businesses that use such terms are usually those that deal with large amounts of raw materials, chemicals or fuels.
Data Snooping. Data snooping refers to statistical inference that the researcher decides to perform after looking at the data (as contrasted with pre-planned inference, which the researcher plans before looking at the data).
What does it mean to ping something? A ping is a term used to refer to a tool that checks to see if a website is down or not. In the context of Web search, pinging a Web site basically means that you're endeavoring to determine whether a specific Web site is having issues; it could also help narrow down connectivity problems when you're attempting to upload or download something.