illiquidity
/ˌɪlɪˈkwɪdəti/
noun
- The state of being difficult to convert into cash; lack of liquidity.
- The illiquidity of the bond market caused problems for investors who needed quick cash.
- One risk of investing in art is its illiquidity — you may not find a buyer when you need to sell.
- During the financial crisis, many banks faced severe illiquidity and could not lend money.
Antonyms