marketable security
US /ˈmɑːrkɪtəbl ˌsɪkjʊrəti/
UK /ˈmɑːrkɪtəbl ˌsɪkjʊrəti/
1.
a security that can be quickly converted into cash, such as a stock or bond, because it is widely traded on a public exchange
:
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The company holds a portfolio of highly liquid marketable securities.
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Investing in marketable securities provides flexibility for short-term cash needs.