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Finance Dictionary and Glossary of Investment Terms
illiquid
Definition 1.
Definition 1
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Definition 2.
An asset or security that cannot be converted into cash very quickly (or near prevailing market prices).
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Definition 3.
In the context of finance. absence of cash flow needed to fulfill financial debts and meet obligations. In the context of investments, describes a lightly traded investment such as a stock or bond that is not easily converted into cash.
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