An illiquid asset cannot be quickly sold or converted to cash without a significant loss in value. Examples include real estate, collectibles, or private equity. Long-term investors benefit from potential higher returns, while businesses use them for capital growth, though they face reduced flexibility during financial emergencies.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends