An asset that cannot easily be converted into cash.
An asset that cannot be easily converted into cash.
An asset such as a house that is not easily turned into cash.
Any item of value that can't be converted easily into cash. Investments such as real estate, bonds, cars or boats, are examples of non-liquid assets since they can take a long time to sell.
Any asset that is not easily turned into cash, such as real estate.
An asset not easily converted to cash; an asset for which a liquid market does not exist.