Liquid Capital, or Fluid capital is a readily convertible asset, such as money or other bearer economic instruments, as opposed to a long term asset like real estate. Liquid capital may be held by individuals, companies, or governments.
Globalization means that developing countries have easier access to liquid capital from around the world, but if a country becomes too dependent on foreign liquid capital any political or economic difficulties can be exacerbated by capital flight.
Famous quotes containing the words liquid and/or capital:
“What slender Youth bedew’d with liquid odours
Courts thee on Roses in some pleasant Cave,”
—Horace [Quintus Horatius Flaccus] (65–8)
“Had I made capital on my prettiness, I should have closed the doors of public employment to women for many a year, by the very means which now makes them weak, underpaid competitors in the great workshop of the world.”
—Jane Grey Swisshelm (1815–1884)