Asset Cash is the official business definition for liquid assets, such as cash or other financial instruments that can readily be converted into cash. These types of liquidity resources are important for businesses in order to keep operations running by being able to meet their obligations. In simpler terms, it’s the amount of money you have available for immediate use. It’s an essential part of any business’ success, and managing your asset cash balance is key for staying ahead of the competition. With the right strategies and assets in place, you can turn every dollar you have into a productive opportunity!