In Cars & Vehicles. A liquid asset is cash or something that can be quickly converted  into cash. A car is generally not considered a liquid asset. The  reason for this is because it can take sâ¦ome time to sell a car in  order to obtain cash.
Temporary Assistance for Needy Families (TANF /ËtÃ¦náµ»f/) is one of the United States of America's federal assistance programs.
Under TANF, the federal government gives states a fixed block grant totaling $16.5 billion each year and requires them to maintain a certain level of state spending (totaling $10 billion-11 billion a year), based on a stateâs level of spending for AFDC and related programs prior to its conversion to TANF in 1996.