What do you understand by cash assets?

[Good-Person]

Cash assets are a very important thing many people often discusses. Cash assets are the kind of assets that could be sold almost immediately. They can be converted to cash at any time, no matter what. So, what are some kinds of cash assets?

 

[Debashis]

Some examples of cash assets include cash in hand, savings accounts, money market accounts, Treasury bills, and certificates of deposit (CDs).