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Liquidity: What Is It?

  • Brian Scott-Quinn
Chapter
  • 10 Downloads

Abstract

Liquidity is a much used word yet it has various meanings which are often not distinguished. The financial crisis which commenced in 2007 was, in considerable part, and by any definition of the term, a liquidity crisis, though it quickly became apparent that it was also a bank solvency crisis.

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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 2012

Authors and Affiliations

  • Brian Scott-Quinn
    • 1
  1. 1.ICMA Centre for Financial Markets, Henley Business SchoolUniversity of ReadingUK

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