Phonetics was studied by 4th century BCE, and possibly a early as the 6th century BCE, in the Indian subcontinent, with PÄá¹ini's account of the place and manner of articulation of consonants in his treatise on Sanskrit.
Examples of Liquid Assets. Cash and savings accounts are the most common type of liquid asset owned by people and businesses alike, but other assets considered to be liquid, are those that are established on the market and can be transferred between owners easily. Examples of liquid assets include: Certifications of deposit.
An asset, such as a security, is said to be liquid when it can easily be converted to cash. If most stockholders want to sell when company news is bad or buy when it is good, the share value would suffer wild fluctuations as sell and buy prices are driven rapidly down or up.