Non-liquid Asset

Definition

  • An asset or possession that cannot be converted into cash quickly. Stocks and bonds are liquid assets because they are easy to sell quickly, but property is considered a non-liquid asset because there is no guarantee it will sell within a certain time period.

Synonyms
illiquid asset

Related Terms and Acronyms

  • Adjusted Basis Definition,
    • The amount you use to determine your profit or loss from a sale or exchange of property.
  • Asset Definition,
    • Anything of monetary value that is owned by a person. Assets include real property, personal property, and enforceable claims against others including bank accounts, stocks, mutual funds, and so on.
  • Illiquid Asset Definition,
    • An asset that cannot be sold easily or in a timely manner for its full value.
  • Liquid Assets Definition,
    • Cash and other property that can be converted quickly and easily into cash.
  • Liquidation Definition,
    • To settle the outstanding debts by selling property.
    • To convert into cash.
    • The practice of selling or redistributing some or all of a business's assets in order to repay debts or pay investors if the business becomes insolvent or is sold in full or in part.
  • Liquidity Definition,
    • The ability to convert assets to cash quickly, without significant losses.
  • Secondary Market Definition,
    • A market where financial instruments such as stocks, bonds, options and futures are bought and sold to investors.
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