Tag Archives: consumers

What are Liquid Assets ?

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In layman terms Cash or assets that can be immediately converted to cash. Liquid assets are the one of the basic form of financial terms used by investors and consumers.

Liquid assets are that one you can efficiently exchange for another asset. for example Cash, marketable bonds, commodities, bank deposits, and securities which can be easily exchange for another asset.

European Union(EU) Allows Mobile Phones on Airplanes

The 27-member European Union (EU) announced on Monday that it would allow air travelers to use their mobile phones to talk, send text messages or e-mails during their flight in the European airspace.

Users will be charged by their existing service providers according to rates set by them, the airline and their network operator. European officials have warned consumers to expect higher fees because of the costs involved to set up the onboard networks on planes.