answersLogoWhite

0

liquidate the existing stock means to get rid of everything or to mark down the prices of everything in stock Financial assets which can be spent are known as liquid. Assets such as stocks, bonds, and mutual funds are nonliquid, and they must be liquidated (sold or cashed in) before they can be used like money. Liquidate the existing stock means to sell all the stock and convert back into money.

User Avatar

Wiki User

15y ago

Still curious? Ask our experts.

Chat with our AI personalities

LaoLao
The path is yours to walk; I am only here to hold up a mirror.
Chat with Lao
TaigaTaiga
Every great hero faces trials, and you—yes, YOU—are no exception!
Chat with Taiga
MaxineMaxine
I respect you enough to keep it real.
Chat with Maxine

Add your answer:

Earn +20 pts
Q: What does liquidate the existing stock?
Write your answer...
Submit
Still have questions?
magnify glass
imp