- illiquidity
- The difficulty of changing your investment back into cash. Financial Services Glossary
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involving things that cannot easily be changed into cash, or things that are difficult to buy and sell:• real estate and other illiquid assets
• Because bank loans are typically illiquid, they are difficult for outsiders to value.
— opposite liquid— illiquidity noun [uncountable] :• The drawback is that small shares may be difficult to sell because of illiquidity.
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illiquid UK US /ɪˈlɪkwɪd/ adjective FINANCE► used to describe an asset that is not easy to sell and exchange for cash: »Her investment is illiquid: it would take time to sell the properties in order to raise cash and release capital.
illiquidity noun [U]► »The illiquidity of these securities may negatively affect our ability to sell them.
Financial and business terms. 2012.