Not readily converted into cash.
Lacking cash or liquid assets.
Not readily convertible into cash.
Characterized by an insufficiency of cash.
An investment that can’t be quickly converted into cash. Such investments include limited partnerships, real estate, or investment into securities or debt of a company that is thinly traded or which doesn’t trade on major exchanges.
A company that doesn’t have sufficient cash flow to pay its interest charges and expenses.
Investment in illiquid assets may prove to be a mistake if the market turns down.
Origin of illiquid
- From il- + liquid.