Self liquidating asset implies that
Also don’t rule out clothes, baby items, CD’s, video games and small electronics.
The good news is that there are many easy ways to sell items of value these days.
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Assets include large items such as a house, car or recreational vehicle, but also can include things like: jewelry, antiques, collectibles, stocks, bonds, or a 401K.For example, a company may issue a self-liquidating bond to pay for its inventory, which it intends to quickly sell.It is called a self-liquidating bond because the proceeds from the sale of the assets provide the capital with which the issuer may repay the bond.Early English mercantile courts recognized a business form known as the societas. The societas provided for an accounting between its business partners, an agency relationship between partners in which individual partners could legally bind the partnership, and individual partner liability for the partnership's debts and obligations.