Illiquid

Adjective

Definitions

1.AdjectiveLacking liquidity.

"illiquid assets; Investment in illiquid assets may prove to be a mistake if the market turns down.; illiquid millionaires"

2.AdjectiveNot readily converted into cash.

"illiquid assets; Investment in illiquid assets may prove to be a mistake if the market turns down."

3.AdjectiveHaving substantial assets but with most of them being of types not readily converted into cash (thus, not having much ready money).

"illiquid millionaires"

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