: Home : Jargon Buster : I : Illiquid
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Previous
Illiquid
In the context of corporate finance, the absence of cash flow needed to fulfill financial debts and meet obligations. In the context of investments, describes a thinly traded investment such as a stock or bond that is not easily converted into cash. Illiquid securities have high transactions costs. Often the bid-ask spread is very wide.
Submitted by: admin
Added: Sun May 21 2006
