A term used to describe a security, currency pair or investment that does not have an active secondary market. Holders of illiquid assets can find it challenging to close positions for Cash, and forex traders operating in illiquid currency pairs may have difficulty finding a price to trade on.
Browse by Subjects
See All Related Terms »
money market account (MMA)
limited liability company
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):