Definition. An asset that can be converted into cash in a short time, with little or no loss in value. Liquid assets include items such as accounts receivable, demand and time deposits, gilt edged securities.efinition. An asset that can be converted into cash in a short time, with little or no loss in value. Liquid assets include items such as accounts receivable, demand and time deposits, gilt edged securities.
Snoqualmie Pass is a mountain pass that carries Interstate 90 through the Cascade Range in the U.S. State of Washington. The pass summit at an elevation of 3,015 feet (919 m) is on the county line between Kittitas County and King County.
Mosquito Pass, Colorado, at 13,185 ft., is also sometimes said to be the highest mountain pass with a road in the United States. This GRAVEL ROAD connects Fairplay and Leadville, Colorado. It is the highest pass definitely traversable by a normal vehicle. Trail Ridge Road, Colorado.