By the liquidity of an asset we mean______.
A.freedom from default
B.the degree to which it may be considered a flow relative to a stock
C.its market value near maturity
D.its capacity to be converted into money without great market loss in terms of money

A.A.freedom
B.the
C.its
D.its

【参考答案】

D
解析：答案为D项。根据流动性的定义，本题应选D项。