Definition of "illiquid" []

• Not readily converted into cash: illiquid assets. (adjective)
• Lacking cash or liquid assets. (adjective)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• ""Instead, a substantial portion of the bank's portfolio was placed in illiquid investments such as real estate and private equity," the SEC alleged."
• "[The] increase in illiquid investments raises concerns."
• "Some market experts worry that investing in illiquid assets, despite their inherent risks, has become almost mainstream."