Definitions for "illiquid"
Keywords:  easily, convert, ready, lack, cash
That which cannot quickly and easily be converted into cash, such as real estate, collectibles, and thinly traded securities.
An illiquid market is one that cannot be easily traded without even relatively small orders tending to have a disproportionate impact on prices. This is usually due to a low volume of transactions and/or a small number of participants.
A company that lacks sufficient cash flow to meet current and maturing obligations.
A market that doesn't have much volume. Can be moved disproportionately by a small amount of business and often result in wide bid/offer spreads.
A market that doesn't have much volume, usually characterised by a wide bid-offer spreads. Illiquid markets are therefore expensive to trade
Keywords:  imf