Foundations of Financial Markets and Institutions 中不懂的问题.Second,financial markets provide a mechanism for an investor to sell a financial asset.Because of this feature,it is said that a financial market offers liquidity,an attract feature

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Foundations of Financial Markets and Institutions 中不懂的问题.Second,financial markets provide a mechanism for an investor to sell a financial asset.Because of this feature,it is said that a financial market offers liquidity,an attract feature
Foundations of Financial Markets and Institutions 中不懂的问题.
Second,financial markets provide a mechanism for an investor to sell a financial asset.Because of this feature,it is said that a financial market offers liquidity,an attract feature when circumstances either force or motivate an investor to sell.If there were not liquidity,the owner would be forced to hold a debt instrument until it matures and an equity instrument until an equity instrument until the company is either voluntarily or ,involuntarily liquidated.While all financial market provide some form of liquidity,the degree of liquidity is one of the factors that characterize different markets.
这一段中反复出现的liquidity是什么意思呢,我不太懂金融,

Foundations of Financial Markets and Institutions 中不懂的问题.Second,financial markets provide a mechanism for an investor to sell a financial asset.Because of this feature,it is said that a financial market offers liquidity,an attract feature
liquidity 名词就是：流动资金
在句子里 it is said that a financial market offers liquidity 金融市场提供流动资金
If there were not liquidity 如果没有流动资金
While all financial market provide some form of liquidity,
当然,所有金融市场都提供某种形式的流动资产
the degree of liquidity is one of the factors that characterize different markets.
流动资产的等级与程度 是给金融市场特性种类定位的因素之一.
liquidate 是动词：清偿债务
放在句子里面：voluntarily or ,involuntarily liquidated 主动或被动清偿债务
这样看,楼主会不会感到清晰很多!

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