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).
See also: âTeabaggerâ (epithet) in reference to participants in the US Tea Party movement. A woman performing teabagging. Teabagging is a slang term for the sexual act of a man placing his scrotum in the mouth of his sexual partner for pleasure, or onto the face or head of another person, sometimes as a comedic device.