Liquid asset in the theatre, etc. (5)

I believe the answer is:

seats

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'the theatre etc' is the definition.
I can't judge whether this definition defines the answer.

'liquid asset' is the wordplay.
'liquid' indicates anagramming the letters.
'asset' anagrammed gives 'SEATS'.

'in' acts as a link.

Can you help me to learn more?

(Other definitions for seats that I've seen before include "Parliamentary constituencies" , "Chairs, stools" .)

I've seen this clue in the Evening Standard.

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