The ease with which a security can be sold and converted into cash is called:
A) convertibility.
B) book value.
C) marketability.
D) none of the above.

Question

Quizplus · Accepted Answer

The ease with which a security can be sold and converted into cash is referred to as marketability. Convertibility refers to the ability to exchange a security for another security or asset, and book value is the value of an asset as it appears on a company's financial statements. Therefore, the correct answer is choice C, marketability.

The Ease with Which a Security Can Be Sold and Converted