Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Illiquid asset
an asset that is not readily convertible into cash, usu. Because of (1) the lack of demand, (2) the absence of an established market, or (3) the substantial cost or time required for liquidation (such as for real property, even when it is desirable).
illiquid asset
See ASSET.
liquid asset
see current asset.