illiquid
🇺🇸
/ɪ'lɪkwɪd/
🇬🇧
/ɪ'lɪkwɪd/
An asset or market is illiquid if it's hard to sell it quickly for cash without losing a lot of money.
The art collection was so unique that it became illiquid, as there were few buyers willing to pay the high prices.
If a business or person is illiquid, they don't have enough cash to meet their needs right now.
The startup became illiquid after a series of failed investments, which affected its ability to pay debts.