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1. Not readily converted into cash: illiquid assets.
2. Lacking cash or liquid assets.

il′li·quid′i·ty n.


the state of being illiquid
References in periodicals archive ?
This control allows us to document the otherwise elusive relation between illiquidity and returns.
Hence, the effect of illiquidity (4) is not explicitly accounted for in these models.
Despite its growing appeal, private equity has always been limited by illiquidity.
Some [investors] will prefer a liquid return stream similar to private equity that satisfies their asset allocation requirements without the traditional impediments of illiquidity, lack of investment transparency and large minimum investments," Lowry said.
But, simultaneously, it noted that it would not boost the new allocation due to illiquidity.
But as an adviser trained to look at a wide range of investment options I'm afraid I struggle with the illiquidity of 'bricks and mortar' funds and their swingeing fees.
Credit Suisse's Illiquidity Premium factor also contributed positively to event driven strategy performance in 2013.
Croatia needs foreign investments, and foreign investors require investment protection, the stability of the financial environment, greater efficiency in obtaining building permits, protection of private property, and dealing with illiquidity, the bank said.
That said, how many investors can actually quantify an illiquidity premium?
While the stock market sinks into illiquidity, the modifications to the law on securities, which make the quoting of companies mandatory, is still waiting for adoption in Parliament.
Specifically, the main issue of our research revolves around the existence of a possible effect of measuring financial instruments at fair value on banking contagion during periods of illiquidity.
Illiquidity Premium in Absolute Returns but Not in Residual