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 the term 'tea bagging' mean? Tea bagging is a slang term derived from the act of a man placing his scrotum in the mouth of his sexual partner. It is also used quite frequently in the online FPS gaming com â¦ munity when someone crouches over your dead character