Marketable securities
Marketable securities are securities that can be converted to cash on very short notice and provide at least a modest return.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Marketable securities. Can be converted to cash on very short notice and provide at least a modest return.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
