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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

illiquid  

Definition 1.

Definition 1
 

Definition 2.

An asset or security that cannot be converted into cash very quickly (or near prevailing market prices).
 

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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