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.
Family participation in TANF or TAONF depends on the household composition. Where all members are U. S. citizens the family is eligible for federally-funded welfare under TANF. Families that include at least one non-citizen are eligible for state-funded welfare under TAONF. Other than the funding sources, the TANF/TAONF programs are identical.