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In business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price.
In macroeconomic theory, liquidity preference is the demand for money, considered as liquidity.The concept was first developed by John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936) to explain determination of the interest rate by the supply and demand for money.
Liquidity risk arises from situations in which a party interested in trading an asset cannot do it because nobody in the market wants to trade for that asset. Liquidity risk becomes particularly important to parties who are about to hold or currently hold an asset, since it affects their ability to trade.
Traditionalism is broadly defined by adherence toward four maddhabs (Islamic schools of jurisprudence) within the fiqh scholarship, especially the Shafi'i maddhab, and education based on pesantren, an Islamic boarding school system indigenous to the Indonesian archipelago. [5]
A traditional Batak Toba house in North Sumatra. With few exceptions, the peoples of the Indonesian archipelago share a common Austronesian ancestry (originating in Taiwan, c. 6,000 years ago [4]) or Sundaland, a sunken area in Southeast Asia, and the traditional homes of Indonesia share a number of characteristics, such as timber construction and varied and elaborate roof structures. [4]